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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. - PowerPoint PPT Presentation
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Influential FactorsInfluential 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
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Cotton - Dec 09 Cotton - Dec 10
Influential FactorsInfluential Factors Cotton Futures PricesCotton Futures Prices
Influential FactorsInfluential Factors
Influential FactorsInfluential Factors
Influential FactorsInfluential Factors
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Alabama 255 306 19.9 Florida 82 80 -2.7 Georgia 1,000 1,089 8.9 North Carolina 375 448 19.5South Carolina 115 130 12.7 Virginia 64 71 10.3
Southeast 1,891 2,123 +12.2
2010 Southeast Acreage2010 Southeast Acreage
2009 2010 % Actual Intended Change
Total may not add due to rounding.
Thousand Acres
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
2010 Mid-South Acreage2010 Mid-South Acreage
2009 2010 % Actual Intended Change
Total may not add due to rounding.
Thousand Acres
Kansas 38 45 19.0 Oklahoma 205 259 26.3 Texas 5,000 5,414 8.3
Southwest 5,243 5,718 9.1
2010 Southwest Acreage2010 Southwest Acreage
2009 2010 % Actual Intended Change
Total may not add due to rounding.
Thousand Acres
Arizona 145 175 20.4 California 71 97 37.1 New Mexico 31 40 31.9
West 247 312 26.6
2010 West Acreage2010 West Acreage
2009 2010 % Actual Intended Change
Total may not add due to rounding.
Thousand Acres
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
2010 ELS Acreage2010 ELS AcreageThousand Acres
2009 2010 % Actual Intended Change
Total may not add due to rounding.
Southeast 1,891 2,123 12.2Mid-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
2010 U.S. Planting Intentions2010 U.S. Planting Intentions
2009 2010 % Actual Intended Change
Total may not add due to rounding.
Thousand Acres
U.S. Yields and AbandonmentU.S. Yields and Abandonment
* Olympic 5-Year National Average Abandonment Rate: 11.9%
** Olympic 5-Year National Average Yield: 819 lbs./harvested acre
0%
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1,000Abandonment Yields
Lbs/Acre
U.S. Cotton ProductionU.S. Cotton ProductionMillion Bales
23.25 23.8921.59
19.21
12.8215.48
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Million Tons
8.20 8.177.35
6.59
4.30 4.18
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U.S. Cottonseed ProductionU.S. Cottonseed Production
*Average Seed-to-Lint Ratio: 1.43
-14%
-12%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
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Cotton - Dec 10 Corn - Dec 10 Soybeans - Nov 10
Indexed Futures PricesIndexed Futures PricesRelative to January 4, 2010
IndexedPoint
Survey Period
Planting Decisions Finalized
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