U.S. Cotton: Futures Push Higher off Lows into the Weekend

Barchart: Cotton futures closed Friday 7 to 40 points higher, leaving December up 128 points for the week, even as the US dollar strengthened and crude oil eased. Total US export commitments reached 5.942 million RB as of October 29, up 20% from last year, but that is only 51% of the USDA export projection, behind the 58% five-year average pace. The Seam sold 2,010 bales on November 5 at an average of 73.10 cents/lb. ICE certified stocks rose by 458 bales to 67,174 bales. Dec 26 settled at 79.11 (+40), Mar 27 at 82.79 (+24) and May 27 at 84.35 (+29).
Source: Barchart

U.S. Cotton: Futures Move Higher, Lower, Then Higher Again

Texas A&M – Cotton Marketing Planner: ICE futures moved higher, then lower and higher again before settling into a sideways pattern, with December at 78.71 cents on Thursday, while Chinese prices and the A Index mostly declined over the week. The dollar index trended lower, partly because the Democratic win in the midterm elections implies more federal gridlock. Falling open interest early in the week pointed to long liquidation, while certificated stocks bottomed and rebounded sharply, which could be bearish if it reflects positioning for delivery. On the positive side, unfixed on-call sales now exceed unfixed on-call purchases, suggesting mills may need to buy futures. Widespread rain across much of the Cotton Belt may lower colour grades.
Source: Texas A&M AgriLife Extension

Pakistan: Cotton Production Falls Sharply as Research Body Faces Funding Shortage

The News – Munawar Hasan: Pakistan's cotton production has fallen from more than 14 million bales over a decade ago to about 5 million, forcing export-oriented mills to import nearly $3 billion of cotton a year, while farmers complain of poor seed, low germination and varieties that fail against pests, heat and water stress. The Pakistan Central Cotton Committee (PCCC) has had no permanent head for more than a decade, recruitment has been frozen for about 15 years and scientists have gone months without regular salaries, even though its varieties remain widely grown, such as CRIS-682, which covers 50–55% of Sindh's cotton area. The PCCC is funded by a cess of Rs50 per bale, unchanged since 2012, and more than Rs2.5 billion remains unpaid after textile mills challenged the levy in court. Options under discussion include a merger with the Pakistan Agricultural Research Council, handing control to the textile mills' association Aptma, or reviving the PCCC as an independent, properly funded body.
Source: The News

Brazil/Europe: Cotton Brazil Takes Cotton's Role as a Common Good to Brussels

Cotton Brazil: Cotton Brazil will hold meetings in Brussels on November 16–18 with European policymakers, industry stakeholders, Brazilian diplomats and agricultural attachés from other natural fibre-producing countries. The highlight will be a roundtable on November 17 at the European Parliament, hosted by MEP Hélder Sousa Silva, on the role of cotton in Europe's sustainability ambitions, as the EU moves ahead with the Circular Economy Act and its Bioeconomy Strategy. Abrapa says the voices of producing countries must be part of the debate as Europe turns sustainability goals into concrete policy, and aims to show that scale and sustainability can go together in a crop that supports about 100 million families worldwide.
Source: Cotton Brazil

India: CAI Sharply Cuts 2026/27 Cotton Production Forecast

CCFGroup: In its first 2026/27 forecast, the Cotton Association of India puts production at 4.76 million tonnes, down 780,000 tonnes (14%) from the previous season, with imports at 1.11 million tonnes, consumption unchanged at 6.21 million and ending stocks down 540,000 tonnes to 690,000. The cut is almost entirely due to lower yields, as planted area is flat at 10.96 million hectares but monsoon rainfall was about 16% below normal and rainfall after October 83% below normal. In Telangana, yields have dropped from 10–12 quintals per acre to 5–7, while higher fuel and fertiliser costs have left the minimum support price short of covering production costs. Arrivals reached about 289,500 tonnes by November 1, up 19%, mainly because of earlier picking. USDA currently puts India's crop at 5.23 million tonnes, so attention turns to whether the November 10 WASDE will make a substantial revision.
Source: CCFGroup

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