Agfax Buzz:

    April 16, 2012

    AFB Cotton Close: Market Under Heavy Pressure

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Cotton Comment
    The threat of a slowing Chinese economy and new export permits from India put cotton under heavy pressure. The result was the lowest December futures level in 4 months. That was the contract low near 84 cents which is the next downside target. Big world stocks will continue to limit export opportunities.



    Spot Price, Grade 41 Staple 34: Memphis down 400 at  8258
    Greenwood down  400 at 8258

     

    New York Futures: May down 400 at 8808
    July down 248 at 8725
    Oct down 256 at 8787
    Dec down 231 at 8637
    March ’12 down 232 at 8722

    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 Your email will not be published or shared with third parties.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

    California Cotton Moving Quickly, Aphids And Whitefly Around – AgFax7-27

    California Cotton: Crop Setting Up Along 2 Very Different Paths7-26

    California Cotton: Heat Effects, PGR Decisions7-26

    Texas Cotton: Lygus Uptick Noted – Hale And Swisher Counties7-26

    USDA Commentary: Weekly Cotton Markets, Weather by Region7-25

    Rose on Cotton: No Pleasure in this Market Made for Bears7-25

    Georgia Cotton: Aphids Down, Plant Bugs Still Around7-25

    Doane Cotton Close: Futures Continue Lower After Midweek Rally7-25

    South Carolina Cotton, Soybeans: Insects on the Rise7-25

    Mississippi Cotton: Transform Efficacy on Aphids Decreases with Cool Temps7-25

    AFB Cotton Close: Sell-Off Continues7-25

    DTN Cotton Close: Settles on New Contract Lows7-25

    Arkansas: New iPhone App Simplifies Farmers’ Finances7-25

    Shurley on Cotton: Prices Try to Stabilize, Still Show Weakness7-25

    DTN Cotton Open: Extends Losses in Early Going7-25

    Keith Good: Declining Commodity Prices Foreshadow Ag Slump? Maybe.7-25

    Georgia: Corn Earworm, Tobacco Budworm Moth Captures Increasing In Brooks County7-25

    Doane Cotton Close: Prices Break Out of Range Lower7-24

    AFB Cotton Close: Breaks Support with Sharp Losses7-24

    DTN Cotton Close: Plunges to new Contract Low7-24

    Georgia Cotton: Tarnished Plant Bug Numbers Higher Than Normal7-24

    DTN Cotton Open: Trades with Modest Losses7-24

    U.S. Energy: Refineries Running at Record Levels7-24

    Gasoline Prices: Show 4-Cent Decrease7-24

    Propane Stocks: Continue to Rise7-24

    Diesel Prices: Average Declines by 3 Cents7-24

    Keith Good: House Ag Committee Chair Prods USDA on Crop Insurance7-24

    Doane Cotton Close: Prices Mixed in Light Trade7-23

    AFB Cotton Close: Dec. Continues Slight Gains7-23

    10 Arkansas and 2 Tennessee Counties Designated Natural Disaster Areas7-23

    DTN Cotton Close: Slight Gains in Dec.7-23

    Drones Monitoring the Garden or Your Crop? One Is Legal, One Is Not.7-23

    Virginia Cotton: Time to be Concerned about Stink Bugs7-23

    Cotton In The Midsouth – Plant Bugs Persist As Bollworms Arrive – AgFax7-23

    DTN Cotton Open: Ticks Higher in Quiet Dealings7-23

    Cotton – Plant Bugs, Stink Bugs Overlapping In Parts Of Southeast – AgFax7-23

    California Cotton: Flea Beetle Numbers on Rise7-23

    North Carolina Cotton: Scouting for Boll Injury from Stink Bugs7-23

    Keith Good: EPA Rejects Milo-Pro Herbicide for Use in Texas Cotton7-23

    Cotton in Southwest: Blooms Spreading; Fleahopper, White Fly on the Move7-22