Agfax Buzz:

    March 14, 2012

    AFB Cotton Close: Continues to Lose Ground

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    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

    Leave a Reply

    Name and Email Address are required fields. Your email will not be published or shared with third parties.

    Agfax Cotton News

    AgFax Cotton Review: Variety Is Key to Profitability; Australia Suffers from Major Storm3-27

    Rose on Cotton: Don’t Miss an Opportunity. Get Short Terms in Place.3-27

    Cleveland On Cotton: “December has 70 cents plus written all over it.”3-27

    Weekly Cotton Market Review – USDA3-27

    DTN Cotton Close: Light Volume with Outside Support3-27

    Video: 13 Best Practices to Manage Tarnished Plant Bugs3-27

    Mississippi: Fertilizer Costs – Everything Old Is New Again3-27

    Texas: Hale and Swisher Crops Conference, Plainview, April 143-27

    Arkansas: Falling Cotton Prices Make Peanuts Tempting Alternative3-27

    Corn Maybe Has More Bullish Potential Than Beans Ahead Of USDA Projections3-27

    DTN Cotton Open: Little Change on Thin Volume3-27

    Texas A&M: Run USDA On-Line Decision Tool Again. Say What? – Keith Good3-27

    Making Money With Manure, Advantages of Composting and Additives – DTN3-26

    South Texas: Wet Weather, Farming Problems to Persist, Says Expert3-26

    ELS Cotton Competitive Payment Rate Is Zero3-26

    DTN Cotton Close: U.S. Premium Widens3-26

    Video: Summary of U.S. Drought Monitor in One Minute3-26

    Drought Monitor: Warm, Dry Weather Further Depletes Snowpacks3-26

    Oklahoma: Ag Pesticide Disposal, Purcell, April 223-26

    Residential Propane, Heating Oil: Prices Decrease3-26

    Diesel: Prices Decrease3-26

    Gasoline: Prices Up Slightly3-26

    DTN Cotton Open: Cash Grower Sales Slumped3-26

    U.S. Energy: Gasoline Specifications Change and So Does the Price3-26

    DTN Cotton Close: Choppy Trade Day3-25

    Oklahoma: Payne County Designated Natural Disaster Area3-25

    Marketing: Are You Really Getting the Best Price for Your Crop? – farmdoc3-25

    Irrigation – Moisture Sensors Pay Dividends, Says This Consultant (Podcast)3-25

    DTN Cotton Open: Cash Grower Sales Slowed3-25

    AFB Cotton Close: Dec. Holds Above 643-24

    DTN Cotton Close: Ginnings Show Larger ’14 Crop3-24

    Texas: More Rain, More Planting Delays3-24

    Farm Bill: USDA Seeks to Limit Payments to Non-Farmers3-24

    Non-Family Farm Managers: Proof Required for Program Payments, 2016 – DTN3-24

    DTN Fertilizer Trends: Price Stability Could Be an Illusion3-24

    DTN Cotton Open: Chinese Manufacturing Slows Down3-24

    Cotton: Aerial Imaging Pinpoints Root Rot, Could Help Save Money3-24

    China Wants Its Own Version of Monsanto, Really. – Keith Good3-24

    Farmers Anticipate Hard Times; Weather, Water Issues in the West – Keith Good3-24

    Farmer Confidence Index Lowest in Decade; Southwest Most Optimistic – DTN Survey3-24