1 / 14

Influential Factors

Influential Factors. Prevailing Market Conditions Cotton: 50 to 55 ¢ range ( 2008 -20 cents ) Corn: $4.50 ( 2008 -$0.50 ) Soybeans: near $10.00 ( 2008 -$3.00 ) Cost of Production Crop Rotations Corn to Fuel Prices Weather. Influential Factors. 2009 Southeast Acreage. Thousand Acres.

meagan
Download Presentation

Influential Factors

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Influential Factors • Prevailing Market Conditions • Cotton: 50 to 55¢ range (2008 -20 cents) • Corn: $4.50 (2008 -$0.50) • Soybeans: near $10.00 (2008 -$3.00) • Cost of Production • Crop Rotations • Corn to Fuel Prices • Weather

  2. Influential Factors

  3. 2009 Southeast Acreage Thousand Acres 2008 2009 % Actual Intended Change Alabama 290 193 -33.3 Florida 67 69 2.5 Georgia 940 782 -16.8 North Carolina 430 379 -11.9 South Carolina 135 110 -18.4 Virginia 61 47 -22.8 Southeast 1,923 1,580 -17.8 Total may not add due to rounding.

  4. 2009 Mid-South Acreage Thousand Acres 2008 2009 % Actual Intended Change Arkansas 620 441 -28.8 Louisiana 300 222 -26.0 Mississippi 365 268 -26.5 Missouri 306 234 -23.6 Tennessee 285 272 -4.4 Mid-South 1,876 1,438 -23.4 Total may not add due to rounding.

  5. 2009 Southwest Acreage Thousand Acres 2008 2009 % Actual Intended Change Kansas 35 38 7.2 Oklahoma 170 167 -1.7 Texas 5,000 4,542 -9.2 Southwest 5,205 4,746 -8.8 Total may not add due to rounding.

  6. 2009 West Acreage Thousand Acres 2008 2009 % Actual Intended Change Arizona 135 126 -6.9 California 120 54 -55.4 New Mexico 37 22 -39.7 West 292 202 -31.0 Total may not add due to rounding.

  7. 2009 ELS Acreage Thousand Acres 2008 2009 % Actual Intended Change Arizona 1 1 25.0 California 155 119 -23.0 New Mexico 3 2 -27.1 Texas 16 19 24.3 ELS 174 142 -18.6 Total may not add due to rounding.

  8. 2009 U.S. Planting Intentions Thousand Acres 2008 2009 % Actual Intended Change Southeast 1,923 1,580 -17.8 Mid-South 1,876 1,438 -23.4 Southwest 5,205 4,746 -8.8 West 292 202 -31.0 ALL UPLAND 9,296 7,965 -14.3 ALL ELS 174 142 -18.6 ALL COTTON 9,470 8,107 -14.4 Total may not add due to rounding.

  9. U.S. Cotton Production * National Average Abandonment Rate: 9.4% ** National Average Yield: 756 lbs/planted acre, 834 lbs./harvested acre

  10. U.S. Cottonseed Production *Average Seed-to-Lint Ratio: 1.43

  11. Futures Prices Peak Response Period Survey Period

  12. Indexed Futures PricesRelative to January 2, 2009 Indexed Point Planting Decisions Finalized South Texas Lower Delta Upper Delta West Texas Survey Period

More Related