DTN Cotton Close: Flags Lower, Awaits...
The ICE Futures finished lower Friday on moderate volume of 15,800 contracts. The session was dominated by traders positioning themselves for next week’s U.S.-China trade talks. If some sort of compromise is reached, it ought to be a boon to the financial and commodities markets. Naturally, the converse would be true as well. For the [...]
Cleveland: August Doldrums Chill the ...
By Dr. O.A. Cleveland “The Thrill is Gone, The Thrill is Gone,” so sang B.B. King. From an exciting six months with promises of greatness, the cotton market is now hanging on with all the force it can muster. The market provided growers a clear opportunity to price the 2018 crop between 88 and 94 cents [...]
Rose On Cotton: Despite Demand, The M...
It was a painful week for cotton bulls, with the ICE Dec contact giving up 384 points Versus last week’s settlement, finishing at 81.39. The Dec – Mar spread strengthened somewhat on the week to (32) which is far less than full carry. The market took bearish cues early this week from continued evaluation of [...]
PCCA: Cotton Market Weekly
AUGUST 17, 2018 FUTURES LOSE MORE GROUND, DECEMBER TOUCHES LOWEST LEVEL IN THREE MONTHS Crop Conditions Worsen in Texas and Oklahoma Why Have Export Sales Slowed? Several Factors Add Pressure to the Market Will Resolution of Trade Disputes Help? What Fundamentals Will Traders Be Watching? Cotton prices continued to slide this week, extending last Friday’s [...]