DTN Cotton Close: Finishes on Weekly ...
U.S. all-cotton weekly export sales for both crop years rose to 579,900 RB. Shipments climbed to 402,700 RB. Exports projected to rise to 16 million bales next season. Smaller crop forecast for 2018-19. Cotton futures finished strongly ahead Friday, with most-active May settling on its highest close since Jan. 25 following another round of expectations-topping [...]
Cleveland on Cotton: Eating Crow; Tru...
By O. A. Cleveland, Consulting Economist, Cotton Experts Prices regrouped on the week with the nearby May trading to 81 cents and the July contract eased up to 82 cents. World cotton consumptions continues to expand it wings as growth is now evident expected across all major continents. Speaking of wings, those feeding me crow [...]
PCCA: Cotton Market Weekly
FEBRUARY 23, 2018 COTTON FUTURES SHARPLY HIGHER President’s Day shortened the trading week, but that did not keep the cotton market from packing extra activity into the remaining four days. Cotton futures shot higher in Tuesday’s session, breaking what had been a rather long fall from the market’s highs. With March futures all but gone, [...]
Cotton Market Update for the Week End...
The week ending February 23 saw ICE cotton futures take a couple of steps higher. Trading this week continued in above average volume and a modest rebound in — reflecting an apparent end to the previous weeks’ liquidation. The latter was also evident from a continuing reduction in the hedge fund net long position, week over week. [...]