The USDA is projecting a bigger rice crop, while leaving their guess for cotton unchanged. The 2023 rice crop is now estimated at 201 million hundredweight, an increase of 8.3 million from June and 40.6 million from 2022. That rise followed an increase in... Read More.
U.S. rice acreage is up on the year, while cotton is down. The USDA says 2.687 million acres of rice were planted, most of that long grain, an increase of 465,000 on the year, including a solid year-to-year jump in Arkansas, the top long... Read More.
The USDA increased its cotton production and ending stocks estimates. This year’s crop is now seen at 16.5 million bales, up 1 million from May, on a higher harvested area guess, now at 9.41 million acres, 700,000 higher, which canceled out a lower yield... Read More.
Cotton export sales shot sharply higher during the week ending June 1st. The USDA says sales of upland cotton hit a marketing year high at more than 480,000 bales, with most of that to China, which will primarily be used to manufacture clothing.... Read More.
Arkansas crops are entering their next stages of development. The USDA reports as of Sunday 1% of corn is silking, 1% of cotton has reached the squaring stage and 23% of soybeans are blooming. The corn crop is rated 57% good to excellent, with cotton... Read More.
Tennessee crops are off to a strong start this year. The USDA reports weather was favorable for planting and transplanting crops and cutting hay. Corn is rated 78% good to excellent with 97% planted and 87% emerged. emerged. Soybeans are 68% planted with 50%... Read More.