Agfax Buzz:

    May 2, 2012

    AFB Cotton Close: Narrow Trade Ends Mixed

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Cotton Comment
    Cotton traded in a narrow range and ended mixed. Renewed export registration by India provided the initial market pressure. That appears to have run its course with improved U.S. economic reports providing outside influence. A disappointing employment report, showing only 119,000 jobs created in April, added pressure across the board. Long term the market still must deal with huge world stocks which will limit upside expectations.




    Spot Price, Grade 41 Staple 34: Memphis down 17 at  8201
    Greenwood down  17 at 8201

     

    New York Futures: May down 5 at 8746
    July down 17 at 8951
    Oct down 17 at 8903
    Dec down 36 at 8658
    March ’12 up 13 at 8802

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 Your email will not be published or shared with third parties.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

    Doane Cotton Close: Positive Chinese Economy Boosts Prices10-21

    Dual Space Shop Offers Weather Protection, Equipment Storage – DTN10-21

    DTN Cotton Close: Snaps String of Five Lower Finishes10-21

    Texas Crop Weather: El Niño Stalled Out but Cool, Wet Winter Still Predicted10-21

    USDA to Implement APH Yield Exclusion for 2015 Spring Crops10-21

    AgFax Cotton Review: Australian Production on Rise; Mississippi Mill Faces Closure10-21

    DTN Cotton Open: Near Unchanged in Tight Ranges10-21

    DTN Fertilizer Trends: High Costs May Alter Growers’ Tactics for 201510-21

    Keith Good: Tumbling Grain Prices May Prove Costly for Taxpayers10-21

    AFB Cotton Close: Selling Accelerates10-20

    Doane Cotton Close: Weakness in Prices Carries On10-20

    Mississippi: Rains Slow Harvest, Lodge Rice, Soybeans – USDA10-20

    Tennessee: Rains Halt Field Activities – USDA10-20

    Arkansas: Rains Damage Crops, Slow Harvest – USDA10-20

    North Carolina: Corn Harvest Enters Final Stretch, Rains Delays Continue – USDA10-20

    Florida: Harvest Continues, Peanuts Reach 69% – USDA10-20

    New Mexico: Dry Soil Conditions Persist — USDA10-20

    Missouri: Corn Harvest Over Half Finished, Cotton at 30% – USDA10-20

    Texas: Harvest Chugs Ahead – USDA10-20

    Arizona: Cotton 50% Defoliated, 28% Harvested – USDA10-20

    Kansas: Row Crops Harvest Behind Average Pace — USDA10-20

    Oklahoma: Corn Harvest at 76%, Soybeans 22 — USDA10-20

    South Carolina: Peanut, Cotton Harvests Pick Up – USDA10-20

    Herbicide Resistant Weed Summit’s Slides, Webcast Available Online10-20

    Georgia: Cotton, Peanut Harvests in Full Swing – USDA10-20

    Alabama: Rains Have Harvest at a Standstill – USDA10-20

    DTN Cotton Close: Mixed as December Premium Narrows10-20

    Louisiana: Soybean Harvested Wraps Up – USDA10-20

    California: Cotton, Rice Harvests Speed Along – USDA10-20

    Virginia Cotton: This Year is Going to be Special10-20

    DTN Cotton Open: Ticks Lower as Inversion Narrows10-20

    Flint on Crops: Cover Crops Provide Many Benefits10-20

    Keith Good: Lawsuits Concerning GMO Corn Mount Against Syngenta AG10-20

    AFB Cotton Close: Dec. Moves Lower10-17

    Rose on Cotton: Dec Contract Still Under Pressure10-17

    Cleveland on Cotton: Exports Lowest in ‘My Memory’10-17

    DTN Cotton Close: Mixed As Dec. Loses Ground10-17

    Mississippi: Harsh Oct. 13 Storm Should Not Hurt Yields10-17

    Georgia: 6 Counties Declared Natural Disaster Areas10-17