Agfax Buzz:

    April 18, 2012

    AFB Cotton Close: Market Moves Higher in Response to Indian Announcement

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Cotton Comment
    Cotton closed higher as the market responded to an announcement by India. It appears they will allow earlier sales that were in limbo after an export ban was put in place. Shipment of this cotton will be completed by May 7. Once that is completed it appears the U.S. might have greater export opportunities. However, upside potential remains limited at this time.

     

    Spot Price, Grade 41 Staple 34: Memphis up 250 at  8643
    Greenwood up  250 at 8643

     

    New York Futures: May up 250 at 9193
    July up 177 at 9002
    Oct up 148 at 8958
    Dec up 85 at 8718
    March ’12 up 77 at 8803

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 Your email will not be published or shared with third parties.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

    DTN Cotton Open: Sales Dip, All Eyes on China3-4

    Doane Cotton Close: Lower Global Demand Expectations3-3

    New Videos Shows Weeds Time-Lapsed Reaction to Herbicides3-3

    DTN Fertilizer Trends: Northern Farmers Glad for Lack of Delays3-3

    Texas: Drought Outlook Is Positive for Next 2 Decades3-3

    DTN Cotton Close: India Sales Insignificant3-3

    North Carolina: Farming on Leased Land Workshop, Mills River, April 93-3

    Cotton: Topguard Gets Full Registration, Pay Attention to Use Rates3-3

    DTN Cotton Open: Coils Quietly Near Lows3-3

    Fertilizer Management: Watch Out for Burns from In-Furrow Starters – DTN3-2

    Keith Good: Ethanol Profits; California Rains – Just Drop in the Drought Bucket3-2

    Herbicide-Resistance: 12 Steps to Keep Weeds Away3-2

    AFB Cotton Close: Slightly Mixed3-2

    Doane Cotton Close: Market Follows Stock Exchange3-2

    DTN Cotton Close: Winter Weather Impedes Field Work3-2

    DTN Fertilizer Outlook: Harsh Winter to Keep Prices Flat3-2

    Texas Cotton: Root-Knot Nematodes – Resistant Varieties, Early Season Management3-2

    DTN Cotton Open: Cash Grower Sales Slump3-2

    Keith Good: Crop Insurance Guarantees to Fall; California Drought “Catastrophic”;3-2

    Rose on Cotton: Gin Show Visit – High Quality Cotton Still in Demand2-28

    AFB Cotton Close: Selling Continues with Wide Range2-27

    Doane Cotton Close: Technical Selling, Profit-Taking Weigh on Market2-27

    Cotton Base Acres Count as Generic Base Under Farm Bill2-27

    DTN Cotton Close: Texas Could See More Freezing Rain, Snow2-27

    Shurley on Cotton: Improvement Slows Down, but What Else Did We Expect?2-27

    Weekly Cotton Market Review – USDA2-27

    Arkansas Cotton: Acreage, Infrastructure Slip Away with Weaker Demand2-27

    Keith Good: Chinese Corn Imports Not Likely to Recover; Food Stamp Debate Rages On2-27

    USDA Changes Deadline: Yield History Update, Reallocation Base Now Due March 312-27

    Pinnacle’s Sanders in 9 Southern States with Newest Acquisition2-27

    DTN Cotton Open: Higher Finish on Last Trade Day of February?2-27

    Texas: Master Marketer Program Hits 25th Year, Going Strong2-27

    North Carolina Cotton: Resistant Horseweed – 3 Burndown Options For 20152-27

    ELS Cotton Competitive Payment Rate Is Zero2-26

    California Cotton: 25th Annual Growers Meeting March 62-26

    NRCS Invests $84M Natural Disaster Funds in 13 States2-26

    DTN Cotton Close: Bounces Off New High2-26

    Early Spring Best Time to Test and Tune Farm Machinery2-26

    DTN Cotton Open: Trades Mixed on Heels of Export Data2-26

    Pesticide Drift: Calm, Still Days Are Most Dangerous – DTN2-26