Despite Hurricanes, Cottonseed Supply Stable
Source: Cotton, Incorporated
Despite late-season storms, including Hurricane Harvey and devastating crop damage in some cotton-growing regions, United States Department of Agriculture projections show cotton supplies stable, going from 20.55 million bales of cotton in August to 21.76 million bales in September.
USDA’s August Agricultural Supply and Demand Estimates (WASDE) report projected a record cotton crop, due to 1.54 million more planted acres and a favorable growing season.
“We lost about 400,000 cotton bales and the cottonseed with it due to Hurricane Harvey’s damage this season,” says Tom Wedegaertner, director of cottonseed research and marketing, Cotton Incorporated. “It appears the two hurricanes’ impact on cottonseed available for feeding dairy cows has stabilized the market.”
“The Southern Texas and Texas Rolling Plains region experienced significant cotton losses or degradation,” adds Darren Hudson, an ag economist at Texas Tech University, Lubbock, Texas. “Hurricane Harvey totally destroyed a couple cotton gins, so there will be some ‘shuffling of the deck’ in the Corpus Christi area this ginning season.”
Caption: While the hurricane season has devastated some cotton-growing regions, reports show ample, quality cottonseed from the dominant cotton-producing Texas High Plains area. Photographs taken by Dwight Jackson, National Cotton Council representative, in Fort Bend County, Texas (just southwest of Houston).
Yet, the Texas High Plains area stayed on track to produce a record-breaking crop. “Gins and oil mills in the Lubbock area have ample cottonseed supplies of last year’s crop still available,” Hudson says.
"Texas High Plains growers produce, on average, about two-thirds of the Texas cotton crop and about 30 percent of the nation’s crop each year,” says Plains Cotton Growers Executive Vice President Steve Verett. “This year’s crop generally has excellent potential, although we have experienced some crop loss due to severe weather.
“We believe that the quality should be very good. Barring any additional severe weather impacts, it is possible that we could have one of the largest crops in our 41-county service area in our organization’s history.”