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Tag "cotton prices"

WASDE Cotton: U.S. Sees Increased Exports, Higher Production, Lower Ending Stocks

WASDE Cotton: U.S. Sees Increased Exports, Higher Production, Lower Ending Stocks

👤From USDA 🕔Dec 12, 2017

This month’s 2017/18 U.S. cotton forecasts include higher exports, slightly higher production, and lower ending stocks. Production is raised 63,000 bales as increases in the Southwest are largely offset by decreases in other regions. Domestic mill use is unchanged, but

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Cleveland on Cotton: Bullish Market Except for the Abundance of Low Mic Fiber

Cleveland on Cotton: Bullish Market Except for the Abundance of Low Mic Fiber

👤O.A. Cleveland, Consulting Economist, Cotton Experts 🕔Dec 8, 2017

The long awaited rally above 70 cents appeared to mature this week as the March contract has gained five cents just since November. I am reminded of my friend that sold his cotton in November and then commented that the

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Cleveland on Cotton: World Stocks Tighten as Consumption Increases

Cleveland on Cotton: World Stocks Tighten as Consumption Increases

👤By O.A. Cotton, O.A. Cleveland, Consulting Economist, Cotton Experts 🕔Dec 4, 2017

Driven by tightening world stocks and led by an ever increasing world consumption, cotton prices continue to move higher.  The nearby March contract settled the week 73.28 with the 2018 July at 74.05.   Export demand continues to drive the

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Weekly Cotton Market Review – USDA

Weekly Cotton Market Review – USDA

👤From USDA 🕔Dec 1, 2017

Average quotations were 178 points higher than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, leaf 4, staple 34, mike 35-36 and 43-49, strength 27.0-28.9,

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Weekly Cotton Market Review – USDA

Weekly Cotton Market Review – USDA

👤From USDA 🕔Nov 24, 2017

Average quotations were 97 points higher than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, leaf 4, staple 34, mike 35-36 and 43-49, strength 27.0-28.9,

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Thompson On Cotton: 2 Factors Offer Potential Price Support In 2018

Thompson On Cotton: 2 Factors Offer Potential Price Support In 2018

👤By Jeff Thompson, Autauga Quality Cotton Association 🕔Nov 22, 2017

“The cotton crop of 2017, yeah I remember it well, not an easy one considering….” Such words will be uttered in gin offices and coffee shops across the Cotton Belt for many years to come. Its amazing how certain crops

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Cleveland on Cotton: A Battle of Supply vs Supply

Cleveland on Cotton: A Battle of Supply vs Supply

👤By O.A. Cotton, O.A. Cleveland, Consulting Economist, Cotton Experts 🕔Nov 17, 2017

The U.S. is running out of cotton, again.  Likely, a few of you are thinking my medication has gotten the best of me.  The November USDA world supply demand report estimated U.S. carryover would balloon to 6.1 million bales.  I

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Rose on Cotton: We’ll Take That Win

Rose on Cotton: We’ll Take That Win

👤By Louis W. Rose IV, Scott Sivils, Barry Bean - The Rose Report 🕔Nov 17, 2017

Cotton bulls were once again small winners on the week as demand became the market’s focal point, with the Mar contract picking up 21 points.  The Dec – Mar switch is once again significantly inverted at 43.   This week was

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Weekly Cotton Market Review – USDA

Weekly Cotton Market Review – USDA

👤From USDA 🕔Nov 17, 2017

Average quotations were 46 points higher than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, leaf 4, staple 34, mike 35-36 and 43-49, strength 27.0-28.9, uniformity

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Cleveland on Cotton: Demand Grows as Price Becomes More Competitive

Cleveland on Cotton: Demand Grows as Price Becomes More Competitive

👤By O.A. Cleveland, Consulting Economist, Cotton Experts 🕔Nov 10, 2017

USDA gave us a mildly bullish supply demand report on Thursday and after a typical market fake out, prices reversed and moved higher, ending the week back above 69 cents. The report was expected in that world consumption was increased

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