Dr. John Robinson is a Professor and Extension Specialist/Cotton Marketing. He received B.S. and M.S. degrees in Entomology, and a Ph.D in Agricultural Economics, all from Texas A&M University. His prior experience includes research and extension within the Texas A&M University System (College Station, Thrall, Vernon, Weslaco) and at Mississippi State University. His current extension program emphasizes risk management issues related to cotton, including cash markets, hedging, contracting, insurance, policy, and transportation/logistics.
Cotton Market and Risk Management Outlook
The seminar highlighted the risks facing the cotton market going in to the 2019 cropping season. A combination of large planted acreage, adequate soil moisture, and likely low abandonment and above average yields may result a strong supply response that weakens prices during 2019. Growers planning on producing cotton should consider relatively early forward pricing or hedging strategies. The seminar also highlighted available tools to assist growers in farm program and insurance decisions.