Connection Fall 2013 | Page 9

RECAPS COTTON Slow & steady Crop a little behind, but hope for good, average season i By Sally Andel t’s cotton picking time again! We are experiencing showers almost daily, but we still have a steady stream of cotton being picked. We don’t expect to gin the 150,000 bales we did last season because the acres and yields are not there. Hopefully, we will end up with a good average season. We have been busy invoicing cotton and trying to sell the little bit of open cotton that has been harvested. The markets have taken some recent drastic dips, but the basis seems to be pretty decent. Overall, market news has been nervous because of the Middle East, China reportedly has lower beginning stocks, domestic production and imports and higher consumption. This would give the world ending stocks approximately eight million bales less than the USDA’s August supply/ demand report. The general consensus is that China stocks are overstated, but to the extent that this is true remains open for debate. On imports, India will be in competition for U.S. exports to China. India is expecting a record crop. Back in the U.S., the Texas and southeastern U.S. crop is significantly behind. Much of the southeast has received so much rainfall that yields are questionable. An early freeze would not be welcome. For the 2013 season, we are using the Plains Cotton Cooperative system. So your reports will be different than in the past. We are still fine tuning some reports. Once ginned, you can access your cotton on the web by signing up at: www.pcca.com (you must enter the “www” or it will not bring up the correct website). Go to “login,” then “member access” and follow the directions from there. You can see your cotton that has been ginned, checks that have been issued, member equity and more. You can also sign up for “Mobile Member Access” here. This will allow PCCA to send you mobile alerts on this information. Please call if you have questions. Again, we would like variety information when modules are called in. We will provide a variety recap at season end. We offer a full line of Multi-Peril Crop Insurance available in Texas backed by the USDA Common Crop Insurance (CCI) • Pasture, Rangeland and Forage (PRF) Drought • Yield Protection • Revenue Protection PO Box 789 2004 N. Wharton St. El Campo, TX 77437 Office: 979.543.5511 Fax: 979.543.5566 C.A. Laslie 979.320.4808 Pat Gann Marek 979.332.2010 This time, every time As always, call or come by if you have any questions or concerns. We are here for you, so please let us know how we can better serve you. From all of us at United Ag, have a great harvest! Liver flukes don’t take a break, and neither do we. 9