EUR/US$ 1.1515
Cotton Comes Back to Close Mixed on Tuesday
Barchart: Cotton futures were mixed on Tuesday, with front months down 8-22 points and other contracts up 2-40 points. Crude oil fell $5.20 per barrel, while the US dollar index dipped $0.031. Monday's Crop Progress report pegged the crop at 42% good-to-excellent, down 4 points on the week, with the Brugler500 index falling 11 points to 325, mostly on a 17-point drop in Texas. June export shipments came in at 1.245 million bales excluding linters, a 4-month low but a 4-year high for the month. The Cotlook A Index rose 95 points on August 3 to 90.80 cents, and ICE certified stocks fell 1,235 bales Monday to 86,371. The Adjusted World Price was raised 84 points last week to 64.66 cents/lb. October closed at 81.13 (-22), December at 82.46 (-11), March at 84.05 (-8).
Source: Barchart
Brazil's Cotton Ambitions Meet the Limits of an El Niño Crop Calendar
StoneX: Brazilian growers are set to expand cotton area by 4.4% for the 2027 season on stronger international prices, but El Niño-driven dryness in the Center-West — the country's main cotton region — is expected to cut yields and shrink the narrow planting window that opens only after the soybean harvest. As a result, production is projected to fall about 1.5% to roughly 3.83 million metric tons, even with the larger acreage. Despite the smaller crop, Brazil is expected to remain the world's top cotton exporter in 2027, with shipments of around 3.05 million metric tons — still the second-largest export volume on record, though down about 7.6% from the 3.3 million tons expected in 2026.
Source: StoneX
Inside CSIRO's Search for Cotton's Next Resistance Gene
CSIRO: Australian researchers have used genomic sequencing to identify a backup resistance gene against bacterial blight, after the gene that had protected cotton crops for decades unexpectedly failed in the United States in 2011. The new resistance gene was found on a different subgenome than the original, since commercial cotton carries the genetic legacy of two ancestral species merged into one plant. CSIRO's team is now building a "pangenome" — a composite genetic map drawn from many cotton plants rather than a single reference — to better capture structural variation linked to fibre traits like length and strength. CSIRO-bred genetics underpin nearly all Australian cotton, along with much of the dryland crop in the US and significant shares in Brazil, Turkey and Greece; independent analysis puts the return on that breeding investment at roughly AU$80 for every dollar spent.
Source: CSIRO
Inside the Great American Cotton Plan: Why Demand Is Taking Center Stage
Cotton Grower: USDA's newly unveiled Great American Cotton Plan outlines a four-pillar strategy centered on boosting demand, improving trade opportunities, expanding domestic manufacturing and strengthening grower support. On the Cotton Companion podcast, National Cotton Council Vice President Robbie Minnich said the plan reflects industry-wide messaging to Washington that building strong markets should reduce reliance on farm-program support over time. He pointed to consumer campaigns like Plant Not Plastic, aimed particularly at younger, more fiber-conscious shoppers, as key to reinforcing natural-fiber demand alongside the plan's trade and manufacturing goals.
Source: Cotton Grower
China Cotton Association Slams US Entity List Additions Over 'Forced Labor' Claims
Global Times: The US Department of Homeland Security added 43 Chinese companies, including cotton and textile firms, to its UFLPA "Entity List," effective August 3 — the largest single expansion since the list's creation. The China Cotton Association called the forced-labor allegations baseless, noting that mechanized harvesting now covers more than 90% of Xinjiang's cotton production, and called the move a politicization of trade policy. China's Ministry of Commerce also condemned the expansion as economic coercion. The new listing follows earlier US duties of 10% and 12.5% imposed on 60 trading partners, including China, over similar forced-labor claims. Chinese officials and analysts warned the sanctions further destabilize global cotton supply chains and could undermine confidence in US trade commitments.
Source: Global Times
