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Cotton Council gets a new prez, also predicts less cotton in 2012

C.B. “Chuck” Coley, a producer/ginner from Vienna, Georgia, has been elected 2012 chairman of the Memphis-based National Cotton Council.

He was named during the group’s annual meeting in Fort Worth last week.

Coley is the owner of CBC Farms and is the president of Coley Gin and Fertilizer Company, a diversified agribusiness in Vienna with services including chemical, seed and fertilizer sales; peanut handling and warehousing; and cotton ginning, warehousing and marketing.

In other cotton-related news from the NCC, a survey from the group suggests U.S. producers will plant a little more than 13 million acres in 2012, down 7.5 percent from 2011.

According to NCC Vice President Gary Adams, “Final production will be very dependent on weather developments, particularly in the southwestern U.S. If conditions worsen, we could see the U.S. crop be two million bales lower than early-season expectations.”

Anticipated declines in Mississippi and Tennessee are 6.5 percent and 5 percent, respectively. In both states, growers are opting for more acres of corn at the expense of cotton, according to an NCC release.

Dansette

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