WASDE: U.S. Cotton Supply & Demand Projections Unchanged From Last Month

Jun 10, 2015

COTTON: The 2015/16 U.S. cotton supply and demand projections are unchanged from last month. The 2014/15 U.S. balance sheet is also unchanged, except that the estimated marketing year average price received by producers is raised 0.5 cents to 60.5 cents per pound.

The 2015/16 world cotton supply and demand projections reflect very slight revisions, mainly marginal decreases in beginning and ending stocks. The lower stocks result from changes made in 2014/15, including a combination of lower production in India, which is based on arrivals at gins, and slightly higher India exports. Reduced stocks in India are partially offset by higher estimated stocks in China, owing to a 300,000-bale increase in estimated imports to 8.0 million bales. Minor historical revisions are made to the balance sheets for Zambia andZimbabwe.

Source: USDA WASDE

Video: A chain harrow is a game changer

Utilizing a rotational grazing method on our farmstead with our sheep helps to let the pasture/paddocks rest. We also just invested in a chain harrow to allow us to drag the paddocks our sheep just left to break up and spread their manure around, dethatch thicker grass areas, and to rough up bare dirt areas to all for a better seed to soil contact if we overseed that paddock. This was our first time really using the chain harrow besides initially testing it out. We are very impressed with the work it did and how and area that was majority dirt, could be roughed up before reseeding.

Did you know we also operate a small business on the homestead. We make homemade, handcrafted soaps, shampoo bars, hair and beard products in addition to offering our pasture raised pork, lamb, and 100% raw honey. You can find out more about our products and ingredients by visiting our website at www.mimiandpoppysplace.com. There you can shop our products and sign up for our monthly newsletter that highlights a soap or ingredient, gives monthly updates about the homestead, and also lists the markets, festivals, and events we’ll be attending that month.