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 Your email will not be published or shared with third parties.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

    Chicago Board of Trade Closed Monday, Labor Day – September 18-29

    Rose on Cotton: Plenty of Gaps and No Rallies Expected8-29

    California Cotton: West Side Field Day Set For September 118-29

    Cleveland on Cotton: Chinese Demand Pulling Prices Higher8-29

    Doane Cotton Close: Futures Unable to Recover Losses8-29

    Mississippi Cotton: When to Terminate Bollworm Sprays in Late Bt Fields8-29

    DTN Cotton Close: Late Rally Leaves Dec. Flat8-29

    AFB Cotton Close: Dec. Moves Fractionally Lower8-29

    Farm Bill: Cotton Transition Assistance Enrollment Now Open8-29

    Georgia: Crop Consultants Offer Expert Advice For Farming Decisions – VIDEO8-29

    Mississippi Cotton: Healthy Crop Tempered by Slumping Prices8-29

    DTN Cotton Open: Extends Prior-Session Loss8-29

    Farm Payments to Stakeholders Rise as Gov. Payments Decline – USDA8-29

    Young Farmer in Your Future? – Helping Him or Her is Key to Success. – DTN8-29

    Tennessee Cotton: Cool Temperatures Set Crop Back8-29

    Net Farm Income Forecast to Fall,10.6% Decline Crop Value – USDA8-29

    Keith Good: Corn, Soybean Farmers May Face Financial Pinch in 20158-29

    AFB Cotton Close: Market Turns Lower8-28

    Doane Cotton Close: News from China Moves Market Lower8-28

    Missouri: Moth Trap Data for Bootheel Pests8-28

    Alabama: Pesticide Clean Days, Sept. 3-48-28

    Oklahoma: Peanut and Cotton Field Tour, Fort Cobb, Sept. 238-28

    Oklahoma: Fall Cotton Tour, Hydro, Sept. 118-28

    North Carolina Cotton: Bollworms Developing in Bt Fields8-28

    Farm Drones Under Scrutiny: Farmers Impatient for FAA Ruling – DTN8-28

    DTN Cotton Close: Settles at 3 Session Low8-28

    Georgia Cotton: Boll-Feeding Insects on the Prowl8-28

    John Deere Lays Off 460 from Waterloo, Iowa Factory8-28

    DTN Cotton Open: Slides Even after Supportive Sales8-28

    U.S. Energy: Retail Gas Prices Follow Crude Prices Lower8-28

    Gasoline Prices: Decline by 2 Cents8-28

    Propane Stocks: Up to 74.7M Barrels8-28

    Diesel Prices: Average Drops a Penny8-28

    Georgia: Summer Drought Plus Heat Putting Stress on Crops8-28

    Keith Good: Map Controversy Puts EPA on Defensive about Water Rule8-28

    Cotton – Midsouth – Bolls Opening, Early Defoliation Nears – AgFax8-27

    AFB Cotton Close: Solid Gains Unable to Reach Resistance8-27

    DTN Cotton Close: Climbs to New Rally High8-27

    Doane Cotton Close: Technical Strength Continues8-27

    Cotton – Southeast – More Open Bolls, Lingering Pests – AgFax8-27