Thursday, January 11, 2007: 1:30 PM-5:30 PM
La Galeries 5 & 6 (New Orleans Marriott)
Cotton Economics and Marketing - Thursday Afternoon Session
Presiding:Phillip Johnson, Texas Tech University, Lubbock, TX
1:30 PM
Spillover Effects of the Biofuel Revolution on the U.S. Cotton Industry
J. Mark Welch, Samarendu Mohanty, Suwen Pan and Mohamadou L. Fadiga, Texas Tech University, Lubbock, TX
1:45 PM
Impacts of Decreasing Cottonseed to Lint Ratio on Cottonseed Markets
Donna M. Mitchell1, Jeff Johnson2 and Curtis Wilde1, (1)Texas Tech University, Lubbock, TX, (2)Texas Agricultural Experiment Station, Lubbock, TX
2:00 PM
Why is World Cotton Area High Despite Low International Prices?
Armelle Gručre, International Cotton Advisory Committee, Washington, DC
2:15 PM
U.S. Pima Crop Marches to a Beat of a Growing Demand
Matthew Laughlin, J. G. Boswell Company, Pasadena, CA
2:30 PM
Impact of Crop Insurance Provisions on Cotton Planting Decisions in the Texas Coastal Bend
Lawrence L. Falconer and Luis Ribera, Texas Cooperative Extension, Corpus Christi, TX
2:45 PM
Normal Backwardation and the U.S. Cotton Futures Market (1986-2006)
Marissa Joyce Chavez, John R. Robinson and Victoria Salin, Texas A&M University, College Station, TX
3:00 PM
Is There A “Right” Time To Buy Options Pre-harvest?
Charles E. Curtis, Olga Isengildina-Massa and Andrew Hummel, Clemson University, Clemson, SC
3:15 PMCotton Marketer of the Year Award, Cotton Grower Magazine; Tim Barry, New York Board of Trade; O.A. Cleveland, Professor Emeritus and Chairman of the Selection Committee 
3:30 PMBreak 
4:00 PM
Economy-wide Impacts of Bt Cotton
George Frisvold, University of Arizona, Tucson, AZ and Jeanne M. Reeves, Cotton Incorporated, Cary, NC
4:15 PM
The Comparative Advantage of U.S. Upland Cotton Production in 1980-2005
Monty Young, Mark Yu, Frank Ewell and Milan Dujka, Tarleton State University, Stephenville, TX
4:30 PM
Alternative Appreciation Paths for China: the Differential Impact of Exchange Rate and Inflation Adjustments 
Stephen MacDonald, Ralph Seeley and Michael Price, USDA, Economic Research Service, Washington, DC
4:45 PM
Cotton Basis: Regional and Seasonal Differences
Ya Wu1, Lewell F. Gunter1 and W. Don Shurley2, (1)University of Georgia, Athens, GA, (2)University of Georgia, Tifton, GA
5:00 PMDiscussion, Carol Skelly, Office of the Chief Economist, USDA 
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