The Latest

Events

  1. Oklahoma: Canola Schools – August 2 and 4

    July 20 @ 5:00 am - August 5 @ 1:00 am
  2. Tennessee: No-Till Field Day, Milan, July 28

    July 28 @ 8:00 am - 5:00 pm
  3. Tennessee: No-Till Field Day, Milan, July 28

    July 28 @ 8:00 am - 5:00 pm
  4. InfoAg Conference, St. Louis, Aug. 2-4

    August 2 @ 8:00 am - August 4 @ 5:00 pm
  5. Tennessee: Mid-South Ag Finance Conference, Martin, 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. North Mississippi Row Crops Field Day, Verona, Aug. 11

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

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

    August 18 @ 8:00 am - 5:00 pm
  10. Louisiana: Sweet Potato Field Day, Chase, Aug. 31

    August 31 @ 8:00 am - 5:00 pm
  11. California Almond Conference, Sacramento, Dec. 6-8

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

AFB Cotton Close: Price Plunge Lower

Ernst Undesser
By Ernst Undesser August 20, 2013

Cotton Comment

Cotton prices plunged lower today, with the October and December contracts closing down the limit. Sharp gains over the last week moved this market into oversold territory signaling a technical selloff in cotton. While the U.S. crop conditions continue to worsen, overall global supplies remain large putting downward pressure on cotton.

 
Futures:
High Low Last Change
Oct ’13 92.00 88.76 88.76 -4.00
Dec ’13 92.80 88.86 88.86 -4.00
Mar ’14 89.89 86.00 86.28 -3.72
May ’14 87.28 84.79 84.99 -2.73
Jul ’14 85.00 83.10 83.53 -1.88
Oct ’14 78.73 -1.35
Dec ’14 79.09 77.85 78.00 -1.51
Mar ’15 77.81 -1.45

Memphis, TN Cotton and Tobacco Programs

Tags:


Ernst Undesser
By Ernst Undesser August 20, 2013