Cotton futures closed out Friday with contracts down 5 to 45 points, as USDA’s production cut didn’t go quite far enough to offset an export cut. The outside markets are mixed, with the crude oil down 35 cents /barrel and the US dollar index 53 points lower. NASS’s bi-monthly Cotton...
The USDA’s adjustments to 2024 cotton and rice production estimates are based on yield changes. This year’s upland cotton crop is seen at 13.685 million bales, 2% below September on a cut in yield, now at 778 pounds per acre, but 16% above 2023 on increased planted and harvested area,...
A farmer in the Missouri Bootheel says Tropical Storms Francine and Helene haven’t done any favors for the cotton crop this fall. Barry Bean from Pemiscot County says most of the area has experienced cotton losses following some wind and up to 14 inches of rain. “What we’re seeing right...
Cotton futures are down 60 to 70 points so far on Friday, as USDA’s production cut didn’t go quite far enough for the bulls. The outside markets are mixed, with the crude oil down 53 cents /barrel and the US dollar index 133 points lower. NASS’s bi-monthly Cotton Ginnings report...
Cotton prices are trading with Friday morning gains of 18 to 24 points ahead USDA reports later this morning. Futures closed the Thursday session with contracts up 39 to 45 points the nearbys. The outside markets were supportive, with the crude oil back up $2.57/barrel and the US dollar index...
Cotton futures closed the Thursday session with contracts up 39 to 45 points the nearbys. The outside markets were supportive, with the crude oil back up $2.57/barrel and the US dollar index 60 points lower. The weekly Export Sales report this morning showed another slow week of sales at 89,608...
Cotton futures are showing slight 3 to 5 point gains so far in the nearbys. The outside markets are mixed, with the crude oil back up $2.48/barrel and the US dollar index 200 points higher. The weekly Export Sales report this morning showed another slow week of sales at 89,608...
Cotton prices are starting Thursday trade with losses of 23 to 32 points. Futures closed the Wednesday session with contracts anywhere from down 6 to 7 points higher. The outside markets were adding some pressure, with the crude oil down another 21 cents/barrel and the US dollar index up 372...
Cotton futures closed the Wednesday session with contracts anywhere from down 6 to 7 points higher. The outside markets were adding some pressure, with the crude oil down another 21 cents/barrel and the US dollar index up 372 points. The trade is awaiting the weekly Export Sales report on Thursday...
Cotton futures are trading with 4 to 10 point gains on Wednesday. The outside markets are adding some pressure, with the crude oil down another 82 cents/barrel and the US dollar index up 337 points. The Seam reported 837 bales of online sales on October 8 at an average price...
Cotton trade on Wednesday morning is showing 38 to 48 point gains. Futures settled Tuesday with contracts down 41 to 126 points. The outside markets added some pressure, with the crude oil dropping $3.24/barrel and the US dollar index slightly lower. August cotton export shipments totaled 684,962 bales, which was...
Cotton futures settled Tuesday with contracts down 41 to 126 points. The outside markets added some pressure, with the crude oil dropping $3.24/barrel and the US dollar index slightly lower. August cotton export shipments totaled 684,962 bales, which was a 10-year low for the month. That was down 34.07% from...
Cotton futures are trading with 64 to 153 point losses on Tuesday. The outside markets are adding some pressure, with the crude oil dropping $4.16/barrel, and the US dollar index slightly lower. August cotton export shipments totaled 684,962 bales, which was a 10-year low for the month. That was down...
Cotton prices are trading with 165 to 172 point losses in the nearbys on Tuesday morning as crude oil is pulling back. Futures ended the Monday session with most contracts up 26 to 38 points. The outside markets were supportive, with the crude oil closing up $2.91/barrel, and the US...
Cotton futures ended the Monday session with most contracts up 26 to 38 points. The outside markets were supportive, with the crude oil closing up $2.91/barrel, and the US dollar index slipping 15 points lower. The weekly Crop Progress report indicated that 82% of the US cotton crop had bolls...