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Influential Factors. Prevailing Market Conditions Cotton: 77 to 73 ¢ range ( 2009 +20 cents ) Corn: $4.35 ( 2009 -$0.15 ) Soybeans: near $10.00 ( 2009 UNC ) Cost of Production Crop Rotations Corn to Fuel Prices Weather. Influential Factors Cotton Futures Prices. Influential Factors.
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Influential Factors • Prevailing Market Conditions • Cotton: 77 to 73¢ range (2009 +20 cents) • Corn: $4.35 (2009 -$0.15) • Soybeans: near $10.00 (2009 UNC) • Cost of Production • Crop Rotations • Corn to Fuel Prices • Weather
2010 Southeast Acreage Thousand Acres 2009 2010 % Actual Intended Change Alabama 255 306 19.9 Florida 82 80 -2.7 Georgia 1,000 1,089 8.9 North Carolina 375 448 19.5 South Carolina 115 130 12.7 Virginia 64 71 10.3 Southeast 1,891 2,123 +12.2 Total may not add due to rounding.
2010 Mid-South Acreage Thousand Acres 2009 2010 % Actual Intended Change Arkansas 520 522 0.4 Louisiana 230 233 1.1 Mississippi 305 362 18.7 Missouri 272 293 7.7 Tennessee 300 354 18.0 Mid-South 1,627 1,764 8.4 Total may not add due to rounding.
2010 Southwest Acreage Thousand Acres 2009 2010 % Actual Intended Change Kansas 38 45 19.0 Oklahoma 205 259 26.3 Texas 5,000 5,414 8.3 Southwest 5,243 5,718 9.1 Total may not add due to rounding.
2010 West Acreage Thousand Acres 2009 2010 % Actual Intended Change Arizona 145 175 20.4 California 71 97 37.1 New Mexico 31 40 31.9 West 247 312 26.6 Total may not add due to rounding.
2010 ELS Acreage Thousand Acres 2009 2010 % Actual Intended Change Arizona 2 2 5.0 California 119 152 27.9 New Mexico 3 3 3.6 Texas 18 19 6.5 ELS 142 176 24.3 Total may not add due to rounding.
2010 U.S. Planting Intentions Thousand Acres 2009 2010 % Actual Intended Change Southeast 1,891 2,123 12.2 Mid-South 1,627 1,764 8.4 Southwest 5,243 5,718 9.1 West 247 312 26.6 ALL UPLAND 9,008 9,916 10.1 ALL ELS 142 176 24.4 ALL COTTON 9,149 10,093 10.3 Total may not add due to rounding.
U.S. Yields and Abandonment Lbs/Acre * Olympic 5-Year National Average Abandonment Rate: 11.9% ** Olympic 5-YearNational Average Yield: 819 lbs./harvested acre
U.S. Cottonseed Production *Average Seed-to-Lint Ratio: 1.43
Indexed Futures PricesRelative to January 4, 2010 Indexed Point Survey Period Planting Decisions Finalized South Texas Lower Delta Upper Delta West Texas