cotton
US gains peace with Brazil on cotton with $300 million pact
Brazil agreed to end a decade-old World Trade Organization case against U.S. cotton subsidies and to a peace clause for the life of the 2014 farm law in exchange for $300 million and technical assistance for its cotton sector.
A farm export record and then a 5 percent slide
U.S. farm exports are headed for a record $152.5 billion in the fiscal year ending on Sept 30, says the Agriculture Department.
USDA says STAX will be offered for 2015 cotton crop
The new subsidy STAX will be available to upland cotton growers beginning with the 2015 crop, said USDA's Risk Management Agency in a bulletin to insurers and its field offices.
India could overtake China as No 1 cotton grower
India surpassed the United States as the second-largest cotton producer eight years ago and now is on the heels of China as the world leader, says USDA.
US-Brazil cotton settlement reported, USDA says not so
"Brazil is likely to receive $400 million from the United States as part of an agreement to compensate the South American country" in the decade-old cotton subsidy dispute, says Agro-South.
US tries to avert Brazil retaliation over cotton subsidies
The United States is "negotiating" with Brazil and trying to avert the potential imposition of $830 mln in retaliatory tariffs in the decade-old cotton dispute, AgSec Vilsack told the Senate Agriculture Committee. Brazil won a World Trade Organization case against U.S. subsidies several years ago and repeatedly held off retaliation while working with the United States to settle the issue.
USDA projects record US corn and soy crops
Record yields will result in record large US corn and soybean crops, USDA said at its Outlook Forum, based on current commodity prices, which affect plantings, and on normal weather.
Hurricane slashes Georgia cotton crop by 20 percent
High winds and heavy rains from Hurricane Helene destroyed one-fifth of the cotton crop in Georgia, the second-largest cotton state in the nation, said the USDA's monthly Crop Production report. The USDA estimated that growers would harvest 1.65 million bales of cotton weighing 480 pounds each, down by 400,000 bales from a pre-hurricane estimate.