The Latest

Events

  1. Oklahoma: Canola Schools – August 2 and 4

    July 20 @ 5:00 am - August 5 @ 1:00 am
  2. InfoAg Conference, St. Louis, Aug. 2-4

    August 2 @ 8:00 am - August 4 @ 5:00 pm
  3. Tennessee: Mid-South Ag Finance Conference, Martin, Aug. 3

    August 3 @ 8:00 am - 5:00 pm
  4. Arkansas: RiceTec Field Day, Harrisburg, Aug. 3

    August 3 @ 8:00 am - 5:00 pm
  5. New Mexico: Ag Science Center Field Day, Clovis, Aug. 3

    August 3 @ 8:00 am - 5:00 pm
  6. Texas: Cotton Fiber Quality Conference, Lubbock, Aug. 4

    August 4 @ 8:00 am - 5:00 pm
  7. Arkansas Rice Expo, Stuttgart, Aug. 10

    August 10 @ 8:00 am - 5:00 pm
  8. North Mississippi Row Crops Field Day, Verona, Aug. 11

    August 11 @ 8:00 am - 5:00 pm
  9. Texas: Small Grain Workshop, Brownwood, Aug. 11

    August 11 @ 8:00 am - 5:00 pm
  10. Texas: Pre-Plant Wheat Meeting, Amarillo, Aug. 12

    August 12 @ 8:00 am - 5:00 pm
  11. Kansas: Farm Succession Planning Seminar, Jewell, Aug. 16

    August 16 @ 8:00 am - 5:00 pm
  12. Illinois: Agronomy Day, Savoy, August 18

    August 18 @ 8:00 am - 5:00 pm
  13. Kansas: Farm Risk and Profit Conference, Manhattan, Aug. 18-19

    August 18 @ 8:00 am - August 19 @ 5:00 pm
  14. Kansas: Water Management Field Day, Colby, Aug. 23

    August 23 @ 8:00 am - 5:00 pm
  15. Georgia: Pest Manager Training Workshop, Savannah, Aug. 26

    August 26 @ 8:00 am - 5:00 pm
  16. Louisiana: Sweet Potato Field Day, Chase, Aug. 31

    August 31 @ 8:00 am - 5:00 pm
  17. Georgia Peanut Tour, Tifton, Sept. 13-15

    September 13 @ 8:00 am - September 15 @ 5:00 pm
  18. California Almond Conference, Sacramento, Dec. 6-8

    December 6 @ 8:00 am - December 8 @ 5:00 pm

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

Ernst Undesser
By Ernst Undesser April 18, 2012

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

Ernst Undesser
By Ernst Undesser April 18, 2012