The Early Season Planting Intentions Survey is one of the most anticipated events at the National Cotton Council’s annual meeting.
This year’s survey indicated growers could plant nearly 15 percent fewer acres of cotton in 2015, which is not surprising given the current price outlook for cotton and for other crops, none of which are anything to write home about by most farmers' standards.
In this video from the NCC's annual meeting, Dr. Gary Adams, the former vice president for economic and farm policy who became its president and CEO this weekend (Feb. 7-8), talked about the price relationships between the major crops.
"Cotton will not be as competitive (compared to other crops) as it was in 2014," said Dr. Adams.
“Planted acreage is just one of the factors that will determine supplies of cotton and cottonseed,” said Dr. Adams, who worked for the Food and Agricultural Policy Research Institute before joining the Council. “Ultimately, weather, insect pressures and agronomic conditions play a significant role in determining crop size.”
According to the survey, growers intend to plant 9.2 million acres of upland cotton, a 15.2 percent decrease from 2014’s 10.8 million acres. Producers in California, Arizona, New Mexico and Texas indicated they would increase their extra long- staple or Pima cotton by 22.8 percent to 236,000 acres.
The increase in Pima means growers could plant a total of 9.4 million acres of cotton, a decrease of 14.6 percent from 2014’s total plantings of 11 million acres.
For more on the NCC's annual meeting visit www.cotton.org