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August 2013 Cotton Leader

August 1st, 2013

COTTON BOARD APPROVES COTTON INCORPORATED 2012 BUDGET/ELECTS CHAIRMAN
During its Annual Meeting this month in Durham, North Carolina, the Cotton Board reviewed and voted to recommend Cotton Incorporated's proposed 2012 budget of $80 million to the Secretary of Agriculture. The budget and plan, along with the Cotton Board's recommendation, will be forwarded to the United States Department of Agriculture (USDA) for final approval. The Cotton Board elected John Clark as its Chairman for 2011/2012. Clark, an importer member from Los Angeles, CA, thanked the Board for his election, saying, "I will work to represent all the members of the Board during the upcoming year." John Clark is the Vice President of Michar, LLC, which specializes in design, sales, sourcing, importation and distribution of all genders and ages of wearing apparel. Clark has been a member of the Cotton Board since 1998. "The proposed budget represents a 13% increase from the 2011 plan and reflects an emphasis on innovation, sustainability issues, and increased competitiveness against synthetics. Cotton Incorporated's proposed budget reflects many of the recommendations developed in March by the Cotton Board. We commend Cotton Incorporated for its responsiveness to our concerns and the thoughtfulness represented by this proposed budget. We believe this proposed program of research and promotion will continue to advance the cotton industry and we look forward to working with Cotton Incorporated during the 2011/2012 program year," said Chairman Clark.


VIDEOS OFFER INSIGHT TO PICKER CARE/MAINTENANCE
Cotton Incorporated has posted four recently-completed videos in the Cotton Harvest Systems section of their Web site (cottoninc.com) related to cotton harvesting and maintenance of picker harvesters. The first video covers the three current seed cotton storage and handling systems; the traditional system using boll buggies and module builders; and the two new on-board module-building harvest machines from Case IH and John Deere. The remaining three videos deal with spindle-type cotton harvesters/preseason maintenance procedures. Specifically, 1) proper row unit tilt positions of front and rear spindles; 2) maintenance of spindles and spindle bushings and; 3) bar height and condition. "These videos provide a way to communicate some complex tasks in a short amount of time and they also are allowing us a unique way to capture the knowledge of experts such as Herb Willcutt, who recently retired from Mississippi State University," states Dr. Ed Barnes, Director, Agricultural Research, Cotton Incorporated. To access the videos directly, log onto http://www.cottoninc.com/Cotton-Harvest-Systems/


COTTON BREEDER TOUR TRADITION CONTINUES
Cotton Incorporated's Cotton Breeders' Tour will be held August 28 - September 1 at select sites across Arkansas, Tennessee, Mississippi and Louisiana. Started by Dr. Gay Jividen (retired), the Cotton Breeders' Tour was created to promote the exchange of ideas and information among cotton breeders, geneticists and other scientists in related disciplines. "Breeders really enjoy seeing the work of other breeders, viewing what projects are being conducted in various growing regions and how techniques that work for others may work for them," explains Dr. Don Jones, Director, Agricultural Research with Cotton Incorporated and tour organizer. With the shift in world textile operations the past several years, fiber quality demands from international mills are more stringent. "To sell cotton on the world market, we must make changes in production practices and improve the varieties we grow," adds Jones. More information about this year's Cotton Breeders' Tour canbe found by logging onto Cotton Incorporated's Web site, www.cottoninc.com, clicking on Ag Research, then looking on the top right side of that page for 2011 Cotton Breeders' Tour sub-heading.


UNIVERSITY OF GEORGIA SCIENTIST HONORED
Dr. Andrew Paterson, Distinguished Research Professor and Head of the Plant Genome Mapping Laboratory at the University of Georgia last month received the Christopher Columbus Fellowship Award for his work related to efforts sequencing the cotton genome. Paterson looks at the DNA sequences of organisms to determine how those sequences function and how cotton's DNA relates to what the plant actually does in the field. His contributions range from pioneering and implementing methods for accelerating genetic improvement of plants, to revealing new dimensions of evolutionary history and their consequences for agricultural science. "Dr. Paterson has done an excellent job leveraged funding from Cotton Incorporated into partnerships with private, non-profit and for-profit companies such as the USDA, US National Food Science Foundation and the US Department of Energy," explains Dr. Don Jones, Director Agricultural Research, Cotton Incorporated. Dr. Paterson has mentored nearly 100 post-doctorial and Ph.D. students and has also directly impacted over 100 undergraduate students and a number of K-12 teachers.


MARKETING WHOLE COTTONSEED
Dairymen nationwide use your whole cottonseed (WCS) to feed their dairy cattle, but why do they choose WCS? In trial after trial, WCS has been proven to increase both milk production and fat when it is added into the ration of the high-producing dairy cow. Compared with other commonly available protein supplements, WCS is the only feedstuff with added high energy and high fiber. WCS is recognized as a cost-effective "triplenutrient" offering: High protein (23%), high energy in the form of fat (20%) and crude fiber (25%). Through their Web site, www.wholecottonseed.com, Cotton Incorporated markets this and a great deal of other information to dairy cattle operators to increase the demand for your cottonseed.


ECONOMIC UPDATE
After bouncing off support near 93 cents/lb and rising to levels about 108 cents/lb, December futures prices were pulled lower alongside a wide range of equity and commodity prices as the outlook for economic growth in many developed countries turned more pessimistic. A Index prices also moved lower, declining from over 116 cents/lb to less than 109 cents/lb. in the most recent trading. Prices have rebounded somewhat, but remain lower than they were at the end of July. Weak demand continues to be a feature of cotton markets, and the uncertainty posed by a darker macroeconomic outlook poses questions regarding the potential for demand growth in 2011/12. World consumption and production figures have also been lowered since the July update.

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