Agfax Buzz:

    April 25, 2012

    AFB Cotton Close: Moderately Lower

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Cotton Comment
    Cotton was modestly lower today. China’s larger than expected plantings weighed on the market. However, it should be noted that an almost 10% cut in plantings will mean China will have to import more cotton, or use part of their stocks. The size of the U.S. crop, which is a big question, will be a major factor in whether this market can move higher. December resistance is layered in 3 cents intervals beginning at 91 cents.




    Spot Price, Grade 41 Staple 34: Memphis down 66 at  8330
    Greenwood down  66 at 8330

     

    New York Futures: May down 47 at 8889
    July down 66 at 9080
    Oct down 36 at 9129
    Dec down 7 at 8864
    March ’12 down 1 at 8937

    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 Your email will not be published or shared with third parties.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: Possible Rise in Chinese Imports; Pigweed Problems in Texas7-30

    USDA Preps for Possible Invasion by Old World Bollworm — DTN7-30

    Georgia Cotton: Target Leaf Spot Appearing7-30

    DTN Cotton Open: Ticks Quietly Just Above Unchanged7-30

    Keith Good: C.O.O.L. Rules for Packaged Meat Upheld by Appeals Court7-30

    Doane Cotton Close: Sharp Losses on Improved Conditions7-29

    Keeping Farm Management in Line with Increasing Regulations – DTN7-29

    DTN Cotton Close: Ends on New Contract Low7-29

    Mississippi: MSU Wild Hog Research Needs Foresters, Farmers7-29

    Texas Crop Weather: Fall Armyworms Out Early Due to Unseasonable Rains7-29

    Virginia Cotton: 1 Spray or 2 for Insects?7-29

    Georgia Cotton: Spots Found on Lower Leaves7-29

    DTN Cotton Open: Trades Lower in Early Going7-29

    Mississippi: Bollworm Counts at High Levels7-29

    Alabama Cotton: Spider Mite Control Proves Tricky7-29

    Keith Good: Bugs’ Resistance to GMO Corn in Brazil Proving Costly7-29

    California: Over 75% of Cotton Has Set Bolls – USDA7-28

    Virginia: Tornado Damages Crop, Conditions Lower Than Last Year7-28

    Doane Cotton Close: Rebounds from Oversold Conditions7-28

    Arkansas: Rice Heading, Heat Units Need in Some Areas – USDA7-28

    Mississippi: Crops Look Good, Rains Prevent Some Field Work – USDA7-28

    Oklahoma: Crop Conditions Positive Despite Triple-Digit Temps – USDA7-28

    Texas: Cotton Squaring, Forming Bolls, Sugarcane Aphids Will in Sorghum – USDA7-28

    Alabama: Scattered Rainfall, Army Worms In Certain Areas – USDA7-28

    North Carolina: Rains Benefit Crops, Slow Field Work – USDA7-28

    AFB Cotton Close: Moves Higher in Narrow Range7-28

    Crop Progress: Corn, Soybean Conditions Decline, Still at Historical Highs – DTN7-28

    Arizona: Cotton Squaring Complete, Winter Wheat Harvested – USDA7-28

    DTN Cotton Close: Higher on Suspected Weekend Business7-28

    Tennessee: Keeping Up with Insecticide Names, Ingredients7-28

    Florida: Corn Harvest Slowed by Wet Conditions – USDA7-28

    DTN Fertilizer Outlook: Domestic Ammonia Prices Down Slightly7-28

    DTN Cotton Open: Trades Modestly Ahead7-28

    Tennessee Cotton: Crunch Time for Insect Management7-28

    Flint on Crops: Challenges for Farmers Keep Coming, Keep Changing7-28

    Kentucky: Biosolids Becoming Viable Fertilizer Option7-28

    Keith Good: July 1 Cattle, Calf Inventory Comes in at Historic Low7-28

    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