The Latest

Events

  1. Texas: Small Acreage Farm Equipment Field Day, Cameron, April 30

    April 30 @ 8:00 am - 5:00 pm
  2. Texas: 2 Grain Grading Workshops, Amarillo, May 3-4

    May 3 @ 8:00 am - May 4 @ 5:00 pm
  3. Texas: Spring Field Day, Chillicothe, May 4

    May 4 @ 8:00 am - 5:00 pm
  4. Texas: Annual Concho, McCulloch County Wheat Tour, Millersview, May 5

    May 5 @ 8:00 am - 5:00 pm
  5. Texas: Private Pesticide Applicators Training, Menard, May 5

    May 5 @ 8:00 am - 5:00 pm
  6. Texas: Private Pesticide Applicator Training, San Angelo, May 6

    May 6 @ 8:00 am - 5:00 pm
  7. California: Almond Workshops Scheduled May 10-12

    May 10 @ 8:00 am - May 12 @ 5:00 pm
  8. Kentucky: Wheat Field Day, Princeton, May 10

    May 10 @ 8:00 am - 5:00 pm
  9. Texas: Multi-County Ag Chemical Collection Event, Kenedy, May 11

    May 11 @ 8:00 am - 5:00 pm
  10. Texas: Private Pesticide Applicator Training, Floresville, May 16

    May 16 @ 8:00 am - 5:00 pm
  11. Texas: Ag Forum, Austin, May 16

    May 16 @ 8:00 am - 5:00 pm
  12. Kansas: Wheat In-Depth Diagnostic School, Colby, May 17-18

    May 17 @ 8:00 am - May 18 @ 5:00 pm
  13. North Carolina: Pesticide Disposal Day, Washington, May 18

    May 18 @ 8:00 am - 5:00 pm
  14. Texas: Land, Water, and Wealth Symposium, Lufkin, May 20

    May 20 @ 8:00 am - 5:00 pm
  15. Georgia: Pest Manager Training, Valdosta, May 27

    May 27 @ 8:00 am - 5:00 pm
  16. Tennessee: Weed Tour, Jackson, June 22

    June 22 @ 8:00 am - 5:00 pm
  17. Southern Peanut Growers Conference, Miramar Beach, FL, July 21-23

    July 21 @ 8:00 am - July 23 @ 5:00 pm
  18. Illinois: Agronomy Day, Savoy, August 18

    August 18 @ 8:00 am - 5:00 pm

AFB Cotton Close: Continues to Lose Ground

Ernst Undesser
By Ernst Undesser March 14, 2012

Cotton Comment
Cotton lost more ground today with December closing below 89 cents. There is little news to give the market direction, so the market is looking at building world stocks and the potential for a sizeable U.S. crop if conditions in Texas improve. Last year’s big price bump, cut cotton use as cheaper man-made fibers filled the void.

        
         
Spot Price, Grade 41 Staple 34: Memphis down 90 at  8114
Greenwood down  90 at 8114

 

New York Futures: May down 90 at 8714
July down 104 at 8776
Oct down 102 at 8943
Dec down 105 at 8865
March ’12 down 112 at 8968

This week’s LDP rate for cotton is

0 cents
The estimate for next week is 0 cents

Ernst Undesser
By Ernst Undesser March 14, 2012