Monthly Archives: July 2017

New Texas Law Requires Changes to Purchase Contracts

2017 JUL 11 – A NEW TEXAS LAW WILL APPLY TO ALL TEXAS COTTON PURCHASE CONTRACTS WITH PRODUCERS SIGNED ON OR AFTER  SEPT 1, 2017

A copy of HB 338 is attached. We are told this version was adopted by the legislature and signed by the Governor. Despite requests via the Senator […]

Upland Cotton Announcement

2017 Jul 7:  The Department of Agriculture’s Commodity Credit Corporation announced the adjusted world

price (AWP) for Strict Low Middling (SLM) 1-1/16 inch (leaf grade 4, micronaire 3.5-3.6 and

4.3-4.9, strength 26.0-28.9 grams per tex, length uniformity of 80.0-81.9 percent) upland cotton

(base quality), adjusted to U.S. quality and location, the fine count adjustment (FCA), the coarse

count adjustment […]

Cost to Market Adjustment Announcement