Agfax Buzz:

    January 29, 2014

    AFB Cotton Close: Prices Mixed with Nearby Gains

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Cotton Comment

    Cotton prices closed mixed with nearby contracts posting gains and new crop contracts another minor loss. Good export demand continue to support nearby contracts, but concerns about demand next year continue to pressure prices. A small shift in China’s policy can lead to big changes in demand and price.

     

    Futures:
    High Low Last Change
    Mar ’14 86.61 84 85.55 1.2
    Jul ’14 87.18 84.91 86.3 1.37
    Dec ’14 77.02 76.53 76.82 -0.09

    Memphis, TN Cotton and Tobacco Programs

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