Agfax Buzz:

    June 11, 2012

    AFB Cotton Close: Mostly Lower

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Cotton Comment
    Cotton was mostly lower, the exception being nearby July. Upside potential will be limited by big world stocks. Unless there are some big surprises in the report it will be difficult for December to move to the 38 percent retrace meant near 77 cents.




    Spot Price, Grade 41 Staple 34: Memphis up 219 at  7109
      Greenwood up  219 at 7109

     

    New York Futures: July up 219 at 7509
      Oct up 3 at 6875
      Dec down 59 at 6929
      March down 71 at 7101
      May down 66 at 7194

    This week’s LDP rate for cotton is

    0¢ cents
      The estimate for next week is 0¢ cents

    Tags: , , , ,

    Leave a Reply

    Name and Email Address are required fields. Your email will not be published or shared with third parties.

    Agfax Cotton News

    Keith Good: EPA’s Water Rule Approved by Internal Review Board10-24

    AFB Cotton Close: Dec. Moves Higher10-23

    Doane Cotton Close: Prices Boosted by Stock Market Strength10-23

    DTN Cotton Close: Settles Mixed as Dec. Rallies10-23

    Advances in Farming Technology Continue to Aid Mother Nature — DTN10-23

    DTN Cotton Open: Slides Lower within Tight Ranges10-23

    U.S. Energy: Crude Exports, Re-Exports Continue to Rise10-23

    Gasoline Prices: Show 9-Cent Decrease10-23

    Propane Stocks: Increase by 0.2M Barrels10-23

    Diesel Prices: Average Drops 4 Cents10-23

    Keith Good: EPA’s Approval of Enlist Duo Herbicide Challenged by Suit10-23

    Doane Cotton Close: No New Fundamental News10-22

    AFB Cotton Close: Inside Day Turns Negative10-22

    Georgia: 2 Counties Declared Natural Disaster Areas10-22

    Arkansas: 2 Counties Designated Natural Disaster Areas10-22

    DTN Cotton Close: Mixed on Light Volume10-22

    Don’t Just Piggy-Back on Others’ Prices in Ag Commodity Markets10-22

    DTN Cotton Open: Higher in Subdued Dealings10-22

    National Cotton Council Commends Timely APH Announcement10-22

    Keith Good: APH Yield Exclusion Implementation Draws Praise — Mostly10-22

    Doane Cotton Close: Positive Chinese Economy Boosts Prices10-21

    Farm Shop Dream Requires Thoughtful Planning – 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: Lower Acres May Close Mill; Australia Acres Up10-21

    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

    New Mexico: Dry Soil Conditions Persist — USDA10-20