DTN Cotton Close: Sharply Higher on P...
By Keith Brown DTN Cotton Contributing Analyst December cotton closed up 200-plus points on Monday as traders finally awaken to the fact yields across the cotton belt will be greatly diminished into late harvest. After being tormented all season by droughts, rains, hurricanes and freezes, the crop will be dramatically curtailed in USDA’s November supply-demand [...]
DTN Cotton Close: Lower in Listless T...
By Keith Brown DTN Cotton Contributing Analyst December cotton was fractionally lower Friday on volume of 21,200 contracts traded. That amount seemed decent enough, but one-third of that volume came in the last hour of trade. Moreover, the December’s daily range was a mere 63 points. Traders opted to ignore the widespread damage across the [...]
PCCA: Cotton Market Weekly
OCTOBER 19, 2018 WEATHER CONDITIONS, HARVEST CONCERNS Hurricane Michael’s Impact Rain, Rain and Some More Rain Demand Remains Slugglish Last Friday December 2018 futures bounced up 156 points to settle at 78.37 cents per pound as traders continued digesting damage reports from Hurricane Michael and forecasted rains and freezing temperatures in Texas, Oklahoma, and Kansas. [...]
The Cotton Marketing Planner
Cotton Market Update for the Week Ending Thursday October 19, 2018 The week ending Friday October 19 saw ICE cotton futures start off sideways, and then erode to a lower sideways pattern by week’s end. This was in defiance of many expectations of a market rally following preliminary estimates of 500,000 to 1,000,000 bales lost [...]