Agfax Buzz:

    August 20, 2013

    AFB Cotton Close: Price Plunge Lower

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    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:

    Leave a Reply

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 Your email will not be published or shared with third parties.

    Agfax Cotton News

    Farmland Partners Buys 15,000 Row Crop Acres In Carolinas, Virginia3-27

    Rose on Cotton: Don’t Miss an Opportunity. Get Short Terms in Place.3-27

    Cleveland On Cotton: “December has 70-cents-plus written all over it.”3-27

    Weekly Cotton Market Review – USDA3-27

    DTN Cotton Close: Light Volume with Outside Support3-27

    Video: 13 Best Practices to Manage Tarnished Plant Bugs3-27

    Mississippi: Fertilizer Costs – Everything Old Is New Again3-27

    Texas: Hale and Swisher Crops Conference, Plainview, April 143-27

    Arkansas: Falling Cotton Prices Make Peanuts Tempting Alternative3-27

    Corn Maybe Has More Bullish Potential Than Beans Ahead Of USDA Projections3-27

    DTN Cotton Open: Little Change on Thin Volume3-27

    Making Money With Manure, Advantages of Composting and Additives – DTN3-26

    South Texas: Wet Weather, Farming Problems to Persist, Says Expert3-26

    ELS Cotton Competitive Payment Rate Is Zero3-26

    DTN Cotton Close: U.S. Premium Widens3-26

    Video: Summary of U.S. Drought Monitor in One Minute3-26

    Drought Monitor: Warm, Dry Weather Further Depletes Snowpacks3-26

    Oklahoma: Ag Pesticide Disposal, Purcell, April 223-26

    Residential Propane, Heating Oil: Prices Decrease3-26

    Diesel: Prices Decrease3-26

    Gasoline: Prices Up Slightly3-26

    DTN Cotton Open: Cash Grower Sales Slumped3-26

    U.S. Energy: Gasoline Specifications Change and So Does the Price3-26

    DTN Cotton Close: Choppy Trade Day3-25

    Oklahoma: Payne County Designated Natural Disaster Area3-25

    Marketing: Are You Really Getting the Best Price for Your Crop? – farmdoc3-25

    Irrigation – Moisture Sensors Pay Dividends, Says This Consultant (Podcast)3-25

    DTN Cotton Open: Cash Grower Sales Slowed3-25

    AFB Cotton Close: Dec. Holds Above 643-24

    DTN Cotton Close: Ginnings Show Larger ’14 Crop3-24

    Texas: More Rain, More Planting Delays3-24

    Farm Bill: USDA Seeks to Limit Payments to Non-Farmers3-24

    Non-Family Farm Managers: Proof Required for Program Payments, 2016 – DTN3-24

    DTN Fertilizer Trends: Price Stability Could Be an Illusion3-24

    DTN Cotton Open: Chinese Manufacturing Slows Down3-24

    Cotton: Aerial Imaging Pinpoints Root Rot, Could Help Save Money3-24

    Farmers Anticipate Hard Times; Weather, Water Issues in the West – Keith Good3-24