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Tag "cotton prices"

Rose on Cotton: Bears on a Roll – Keep Your Eye on Dec.

Rose on Cotton: Bears on a Roll – Keep Your Eye on Dec.

👤By Louis W. Rose IV, Scott Sivils, Barry Bean 🕔Aug 18, 2017

Bears are now winners on 3 consecutive weeks, with Dec giving back 334 points over the period.  The Dec contract gave up 97 points on the week while Mar lost 99, the inversion remaining essentially unchanged at 22. US cotton

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Weekly Cotton Market Review – USDA

Weekly Cotton Market Review – USDA

👤From USDA 🕔Aug 18, 2017

Average quotations were 245 points lower 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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Cleveland on Cotton: Promising Crop Makes 70 Cent Dec. Looking Doubtful

Cleveland on Cotton: Promising Crop Makes 70 Cent Dec. Looking Doubtful

👤By O.A. Cleveland, Consulting Economist, Cotton Experts 🕔Aug 18, 2017

The anticipated big U.S. crop took cotton prices lower on the week as reports from both India and China suggested those crops were progressing well.   With production in the world’s leading exporting countries increasing, textile mills will find a

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Cotton Outlook: U.S. Cotton Textile and Apparel Trade Unchanged in 2017

Cotton Outlook: U.S. Cotton Textile and Apparel Trade Unchanged in 2017

👤From USDA 🕔Aug 15, 2017

The latest U.S. Department of Agriculture estimates indicate that total U.S. cotton textile and apparel trade was virtually unchanged during the first half of 2017, compared with the corresponding period of 2016. While U.S. cotton product imports totaled the equivalent

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Thompson on Cotton: USDA Sucker Punches Market

Thompson on Cotton: USDA Sucker Punches Market

👤By Jeff Thompson, Autauga Quality Cotton Association 🕔Aug 15, 2017

We now know how Rocky Balboa felt after receiving a round house sucker punch from Apollo Creed. We’re still clearing the cobwebs from our heads after taking one from the USDA by way of their August supply/demand report last week.

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Shurley on Cotton: So Much for the 18-Mln Bale Scenario – And Higher Prices

Shurley on Cotton: So Much for the 18-Mln Bale Scenario – And Higher Prices

👤By Don Shurley, University of Georgia Ag Economist 🕔Aug 14, 2017

Prior to last week’s USDA crop production estimates, the 2017 US cotton crop was projected at 19 million bales. There seemed to be general consensus, given the crop conditions in parts of Texas, that the crop would not get bigger

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Global Markets: Cotton – Sales from China State Reserve Reach 10 Million Bales

Global Markets: Cotton – Sales from China State Reserve Reach 10 Million Bales

👤From USDA 🕔Aug 11, 2017

Sales from China’s State Reserve remain strong with cumulative sales since the start of auctions on March 3 reaching over 10 million bales (2.2 million tons) this week. The average sale price has been $0.966 per pound, 10 cents higher

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Weekly Cotton Market Review – USDA

Weekly Cotton Market Review – USDA

👤From USDA 🕔Aug 11, 2017

Average quotations were 28 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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WASDE Cotton: U.S. Crop Predicted Largest in Over a Decade

WASDE Cotton: U.S. Crop Predicted Largest in Over a Decade

👤From USDA 🕔Aug 10, 2017

The first survey of U.S. 2017 crop production indicates a crop of 20.5 million bales, 1.5 million above last month and the largest production in 11 years. The larger crop is partially offset by lower beginning stocks which are reduced

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Rose on Cotton: Stocks are Tight; Think About Forward Contracting

Rose on Cotton: Stocks are Tight; Think About Forward Contracting

👤By Louis W. Rose IV, Scott Sivils, Barry Bean, The Rose Report 🕔Aug 4, 2017

ICE cotton continued higher this week on tightening old crop stocks with the Dec and Mar contracts each gaining 182 points with the Dec Mar spread, of course, remaining unchanged at an inversion of 57 points.  The verdict is in

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