TUNICA, Miss. -- To lower production costs, cotton producers have been advised to reduce crop inputs, convert to conservation tillage and/or incorporate precision farming technologies into their operations. Upon hearing this advise, many producers respond, “I’ve reduced and minimized all I can — there’s nothing else left to cut.”
Since this may the case for many growers, Jeanne Reeves, agricultural economist with Cotton Incorporated, has another answer: Learn how to better market your cotton.
To help producers, Reeves is coordinating a series of introductory and intermediate workshops — Hedging with Options for Cotton Producers. Workshop topics include: why options in cotton futures are critical to your business; what can options do for you and how, and fundamental and technical cotton overviews and possible price scenarios.
Sponsored by the New York Board of Trade and Cotton Incorporated, the workshops will be held in various locations across each region of the Cotton Belt. One seminar is scheduled for Feb. 21-22, in Tunica, Miss. Registration for each seminar is free and includes all presentation materials as well as meals during the seminar.
Seminars will also be held in Tifton, Ga., on March 15; Raleigh, N.C., on April 5, and in the San Joaquin Valley, Calif. (date to be determined).
To learn more about the seminars or to register, contact either Reeves at Cotton Incorporated, 919-678-2370 or [email protected], or Tim Barry at the New York Board of Trade, 212-748-4096 or [email protected]
The seminars are cooperatively sponsored by Cotton Incorporated and the New York Board of Trade.