U.S. cotton use lowest in 120 years or more

Domestic demand for cotton is shrinking, so much so that U.S. cotton consumption this year will be the smallest since the 1890s, according to the USDA. In its monthly WASDE report, the USDA estimates usage at 3.1 million bales in the marketing year that ends on August 1, down by 4 percent from …

U.S. ag sales to China to fall by 45 percent in trade war

China, formerly the No. 1 customer for U.S. ag exports, will buy a comparatively paltry $9 billion worth of those exports this fiscal year, a startling 45 percent cutback due to the trade war, said the USDA on Thursday.

Hurricane Michael ruined 7 percent of the U.S. cotton crop

Georgia, the No. 2 cotton state, lost one-third of its crop to Hurricane Michael, said the USDA on Thursday in lowering its estimate of the total U.S. harvest by 7 percent because of storm damage in the Southeast.

Michael threatens Southeast’s crops and livestock

As Hurricane Michael made landfall Wednesday, farmers in the Southeast were still recovering from the devastation caused by Hurricane Florence just weeks ago.

State regulators call for early cutoff date for dicamba use

Many states have reported significant complaints from farmers about dicamba damage to their crops and plants, said an association of state pesticide regulators in calling for the EPA to tighten its rules on use of the weedkiller.

Groups ask appeals court to take dicamba off the market

Environmental groups told a U.S. appeals court on Wednesday that the EPA had failed to properly assess the risks posed by the weedkiller dicamba to nearby crops and should be ordered to revoke its approval of Monsanto’s version of the herbicide, reported Reuters.

USDA opens enrollment in new cotton subsidy program

Enrollment in a new cotton subsidy program, created by Congress early this year, will run until Dec. 7, said the USDA. The program, offered for so-called seed cotton, allows participants to choose from a pair of subsidy options.

In a surprise, farmers to cut corn and soy plantings by 2 percent

U.S. farmers intend to sow 3 million fewer acres of corn and soybeans this year than in 2017, said the USDA. The surprising development could draw down overly abundant U.S. stockpiles and bolster weak commodity prices.

Commodity price slump is ending, says USDA; gradual increases ahead

When U.S. farmers bring their crops to market this year, they will see “the beginning of gradual price increases that are expected to continue through the decade,” ending the slump that began in 2013, said USDA projections. Prices for most crops, however, will remain below their 10-year average.