Cotton slips as dollar gains; posts w...
April 18 (Reuters) – ICE cotton futures fell on Thursday as the dollar strengthened, while a fall in the weekly export sales report from the United States Department of Agriculture’s (USDA) added to the downbeat sentiment. * The most-active cotton contract on ICE Futures U.S. July settled down 0.69 cent, or 0.87 percent, at 78.27 [...]
DTN Cotton Close: Lower on Weak Sales
By Keith Brown DTN Cotton Correspondent Cotton was lower Thursday as the highly anticipated weekly sales and exports report was less than friendly. As the old saying goes “Anticipation is always greater than Realization”. Thus, the basic ingredient missing in Thursday’s data was China. For a couple of weeks, China has emerged as a prominent [...]
Cleveland: Be Ready to Move at 79 Cen...
By Dr. O.A. Cleveland Cotton prices continue locked in their technical channel, with new crop fighting to climb above 78 cents while the old crop July struggles to breech the 80-cent mark. July’s objective is the 82.50-85.00 cent range, but December will continue to face a near impossible barrier just below 80 cents. Fundamentals are little [...]
PCCA: Cotton Market Weekly
APRIL 18, 2019 A VOLATILE WEEK FOR COTTON FUTURES, BUT SOME POSITIVE NEWS NOTED West Texas and Oklahoma Receive Rain, More in the Forecast Positive Economic News for U.S. and China A Strong Export Sales Report Both Sides Signal Progress in Trade Talks Crop Prospects Taking Center Stage Prices whipsawed traders this week, falling to [...]