Fall weather extremes cut cottonseed production projections slightly, but prices so far remain “friendly”
Experts suggest producers lock in their needs and watch for quality issues
CARY, N.C. – (November 15, 2018)
Hurricanes Florence and Michael, which battered cotton fields across the Cotton Belt this fall, are expected to have little impact on new crop cottonseed supplies available to dairies. Prices of the triple-nutrient feedstuff remain relatively stable.
The November 8 USDA World Agricultural Supply and Demand Estimates report pegged the cotton crop at 18.41 million bales, netting about 6.2 million tons of cottonseed, compared to 6.4 million tons in 2017, an insignificant decrease. About 3.9 million tons will be available for feeding dairy cows, compared to 4 million tons last year.
“While 2018 provided less-than-ideal growing conditions, fuzzy cottonseed looks to be ‘price friendly,’” said University of Illinois Professor of Animal Science Emeritus Michael Hutjens, a long-time proponent of feeding the feedstuff to high-producing dairy cows.
The growing season was one of the worst, said Dr. John R.C. Robinson, Texas A&M University professor and extension economist of cotton marketing. “The Southwest suffered from widespread quality damages, and much of the Cotton Belt remains saturated. Warm, wet weather spurred widespread regrowth and seed sprouting.”
Other key cotton-growing areas, including the Carolinas and Mid-South, were saturated by harvest-time rainfall, as well.
“I’m encouraging dairy producers to consider locking in feedstuff prices now,” say Hutjens who calls whole fuzzy cottonseed his “magic” feed ingredient for dairy rations, especially with higher levels of corn silage. “Buy from someone who can evaluate its quality and stands behind the product purchased. Be aware that cottonseed with moisture damage or improper handling can develop mold and mycotoxin risks.
“Fuzzy cottonseed brings functional fiber, or cud chewing fiber and a slow release of energy as seeds must be chewed and rechewed to release the oil,” he continues. “Plus, it provides crude protein and oil as an energy source for high-producing cows. Fuzzy cottonseed is almost a standalone TMR with balanced nutrients i.e., protein, fiber and energy.”
To evaluate the cost effectiveness of feeding whole cottonseed, Hutjens recommends using a computer model that includes a dairy’s local feed prices to build break-even prices. “Be sure to select ‘fat or oil’ as an alternative energy source for evaluation,” he said, explaining not to compete or compare with shelled corn or barley, for example.
Adds Tom Wedegaertner, director of cottonseed research and marketing for Cotton Incorporated, “With other cattle feed commodities also experiencing uncertainty, including hay stocks being down significantly from last year, cottonseed may be the bright spot in the ration.”
Cotton Incorporated suggests producers get in touch with their cottonseed merchant or feed dealer to check prices, or submit a request for cottonseed quotes through its Cottonseed Marketplace.
Cottonseed is an excellent source of fiber, protein and energy. Typical rations can include up to 15 percent cottonseed on a dry matter basis. For more information, including reports on market conditions, feeding information and a list of suppliers, visit wholecottonseed.com.