Incorporating Monthly Forecasts of Cotton Prices into Extension Education Programs

Tuesday, January 6, 2015
Salon I (Marriott Rivercenter Hotel)
Clayton Roots , Texas A&M University
John R. C Robinson , Department of Agricultural Economics
This poster presentation describes a monthly program of updated regression forecasts of the Cotlook A-Index, the U.S. farm price, and the ICE cotton most active futures prices.  These forecasts are updated using monthly USDA supply/demand data and incorporated into extension outlook programs.  The inclusion, description, and comparison of monthly price forecasts with ad hoc price forecasts is useful for educating clientele about existing information sources, significant price determinants, and major sources of risk.