Thompson On Cotton: 2 Factors Offer P...
By Jeff Thompson, Autauga Quality Cotton Association “The cotton crop of 2017, yeah I remember it well, not an easy one considering….” Such words will be uttered in gin offices and coffee shops across the Cotton Belt for many years to come. Its amazing how certain crops stand their place in time such as those [...]
Cotton Reverses Course to End Lower
Cotton futures reversed course to end lower Tuesday after a short covering rally stalled out amid signs of a rapid and robust U.S. harvest. Cotton for March delivery fell 1% to end at 70.14 cents a pound on the ICE Futures U.S. exchange, after rising as high as 71.34 cents a pound in earlier trade. [...]
DTN Cotton Close: Finishes Lower for ...
Suspected profit-taking pulled the market off new three-month highs. Sizable batch of unpriced mill on-call sales reported in unshipped export commitments. Red flag warning issued on Texas High Plains. Cotton futures settled lower Tuesday, reversing off new three-month highs amid suspected profit-taking following a four-day rally. Most-active March closed down 71 points to 70.14 cents, [...]