CFTC Cotton On Call
The federal Commodity Futures Trading Commission (CFTC) publishes a report showing the quantity of cotton that has been bought or sold where the sales price has not yet been fixed. This type of contracting is normally for basis contracts, which are also referred to as “on call” contracts. Textile mills routinely buy cotton from merchants [...]
DTN Cotton Close: Extends Gains to 3 ...
March completed inside day and inside week. U.S. all-cotton export commitments stand at 82% of the USDA forecast. Far East prices remain competitive. Cotton futures finished higher for the third consecutive session Friday, with spot March completing an inside day and confined for the week within last Friday’s wide trading range. March settled up 79 [...]
Cotton prices stay strong, following ...
General Comments: Cotton was higher as the buyers appeared once again to cover short cash market positions. Trends remain up and the tone of the market remains positive. Current buying is reflecting the fact that merchants need to buy futures to cover on-call positions rather than the overall fundamentals presented in the USDA reports last week. [...]
Could Quality Shortage Push Cotton to...
By: Dr. O.A. Cleveland Like the legendary Icarus, the cotton market has spread its wings and continues to climb. The good news for cotton is that prices are climbing into the clouds without any fear of the Sun’s heat melting its wings. On-call sales rose again this past week, as the market twice exceeded the open [...]