By Dr. O.A. Cleveland “When It Rains It Pours” goes the Morton salt slogan…and cotton prices seem to be pouring lower and lower each week. December declined 192 points on the week, falling at one point to 58.06 and settled the week about 100 points above its life of contract low. The 57-61 cent trading range […]
AUGUST 23, 2019 MARKET PAUSES, FUTURES PRICES FALL Crop Conditions Worsen Trade War Intensifies Export Sales Weaker Futures trading was very slow this week. Prices fell from Monday’s high at 60.25 cents per pound to a low of 58.06 on Friday. Open interest increased 1,215 contracts to 216,481 during the week, which is the highest level since May. HOT, […]
Cotton: Net sales of 164,000 RB for 2019/2020 were primarily for Indonesia (50,400 RB, including 200 RB switched from Japan), Vietnam (36,100 RB, including 300 RB switched from Japan), Peru (24,000 RB), Turkey (10,900 RB, including decreases of 100 RB), and Malaysia (8,900 RB, including 100 RB switched from Japan). Reductions were reported for Hong Kong (8,600 […]
Released August 19, 2019, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Cotton Setting Bolls – Selected States [These 15 States planted 99% of the 2018 cotton acreage] ———————————————————————— : Week ending : :—————————————–: State : August 18, : August 11, : August 18, : 2014-2018 : […]
Ακόµα δυστυχώς δεν κατάφερε η αγορά να πιάσει ξανά τα 60 σεντς ανά λίµπρα, αφού κατόπιν της ανάρτησης του Τραµπ για αργή πορεία στη λύση του εµπορικού πολέµου οι επενδυτές απογοητεύτηκαν. Γιάννης Παπαδογιάννης Μαζί µε αυτές τις εξελίξεις, δηµοσιεύτηκε και το τελευταίο USDA report, το οποίο έδειξε αυξηµένη παραγωγή στις ΗΠΑ για τη φετινή σοδειά […]
By Dr. O.A. Cleveland December cotton futures flirted with 60 cents all week. The August world supply demand reportwas negative, as expected, but had been built into the market before its release. Thus, the 57-61 cent trading range was never challenged. The week’s activity did note very strong export sales that, likewise, were already in the market. […]
AUGUST 16, 2019 COTTON FUTURES UP SLIGHTLY WASDE Report Shows Consumption Slowing Crop Conditions Slightly Improving Export Report Shows Many Countries Buying U.S. Cotton Classing Report Shows Good Quality from South Texas December 2019 futures closed above 60 cents per pound for the first time since August 1. December settled at 60.13 on Friday, up […]
Cotton: Net sales of 329,100 RB for 2019/2020 were primarily for Bangladesh (120,400 RB), Vietnam (76,700 RB, including 400 RB switched from Japan), Turkey (41,900 RB, including decreases of 800 RB), Mexico (21,300 RB), and Malaysia (16,900 RB). Reductions were reported for China (13,300 RB). For 2019/2020, net sales of 151,200 RB were primarily for China (117,900 RB), […]
By Dr. Don Shurley I’ve devoted the last 30 years of my life to cotton growers and the cotton industry. Prior to this, I witnessed the 1980s when financial problems took a toll on many farm businesses, and I led an effort working with farmers and lenders to help save some operations while on faculty at […]
Released August 12, 2019, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Cotton Setting Bolls – Selected States [These 15 States planted 99% of the 2018 cotton acreage] ———————————————————————— : Week ending : :—————————————–: State : August 11, : August 4, : August 11, : 2014-2018 : […]
Cotton continued its price slippage on the week as the December contract settled the week at 58.90 cents, just 15 points below the October weekly settlement. With the market facing bearish woes on both sides of the supply demand aisle, prices are left with little hope but to continue drifting lower. The 2-3 cent band […]
AUGUST 9, 2019 COTTON FUTURES FALL ON NEW TARIFF ANNOUNCEMENT Open Interest Rises in Heavy Trading Volume Crop Conditions Decline Export Sales Fall Short Awaiting Next WASDE Report Expectations Low for Trade Resolution December cotton fell to a 10-year low of 57.26 cents per pound on Monday, continuing the slide that began August 1 when […]
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