Cotton Marketing Workshop Slated in Tulia

Writer: Tim W. McAlavy, (806) 746-4051, email: t-mcalavy@tamu.edu
Contact: Dr. Jackie Smith, (806) 746-6101, email: j-smith34@tamu.edu

LUBBOCK – Cotton producers can learn how pricing strategies affect profitability and get help in
developing pricing strategies tailored to fit their own operation at an April 2 cotton marketing workshop
slated in Tulia, said a Texas A&M agricultural economist.

“Farmers can’t control prices, but they can control how the crop is priced and when to take a price,” said
Dr. Jackie Smith, Texas Agricultural Extension Service ag economist-marketing specialist based in
Lubbock. “Producers who know how to evaluate pricing alternatives can formulate pricing strategies that
will help them maximize profit.

“This workshop will focus on evaluating price alternatives and developing pricing strategies. All pricing
alternatives are directly or indirectly linked to the futures market. So, we will be closely studying the basics
of futures and options.”

The workshop will be held at the Swisher County Extension meeting room in Tulia, from 9 a.m.
to 4:30 p.m. Registration costs $30 per person, payable at the door. The fee includes a noon meal and an
extensive set of materials.

“If possible, spouses should also attend. Couples can register for $30, too, if they share a set of course
materials,” Smith added.

Producers can register and reserve a seat, or get more information on this workshop by calling Smith at
806-746-6101; Michael Clawson, Swisher County Extension agent, at 806-995-3726; or Dirk Aaron, Hale
County Extension agent, at 806-291-5267.