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Tag: cotton news
Weekly Cotton Market Review – USDA Oct 23, 2020
Average spot quotations were 264 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 […]
DTN Cotton Closing: Cotton Ends Lower Oct 23, 2020
Cotton Ends Lower on Profit-Taking The cotton market closed lower Friday after a pretty much stellar week. Coming into Friday morning, December cotton was up 1.50 cents on the week […]
DTN Cotton Open: Lower in Two-Sided Action Oct 23, 2020
The cotton market is slightly lower Friday as some speculators are talking profits while some producers are hedging their crop. Thus far, December cotton has enjoyed a strong up week, […]
Shurley on Cotton: Roller Coaster Recovery Continues Oct 23, 2020
Cotton prices (nearby December futures) have now trekked into territory that no one thought possible a few months ago. Not now, not this soon. December futures now approaches 72 cents […]
DTN Cotton Closing: Cotton Ends Higher Oct 22, 2020
Cotton Ends Higher on Sales The cotton market finished Thursday’s session higher, reflecting this morning’s stout sales and decent shipments data. The sales number was 220,000 bales, compared to last […]
DTN Cotton Open: Higher on Better Sales Oct 22, 2020
Cotton futures are higher Thursday morning as USDA reported better sales in its weekly export sales report. We indicated sales might be improving this week given the recent decline in […]
DTN Cotton Closing: Cotton Ends Higher Oct 21, 2020
Cotton Ends Higher in Rocky Session The cotton market posted another high, and then promptly fell negative on the day. However, emerging speculative buying brought the market back and finally […]
DTN Cotton Open: Bounces Higher on Weak Dollar Oct 21, 2020
The cotton market is higher Wednesday morning as talks of an impending new stimulus are weakening the dollar. Reportedly, the Trump Administration and the House Speaker are edging closer to […]
DTN Cotton Closing: Cotton Feeling “Running Correction” Oct 20, 2020
Cotton Has Counter Trade Tuesday The cotton market experienced what some traders call a “running correction.” That is, although the market posted a new high for the move, followed by […]
DTN Cotton Open: Market Higher, Specs Buy Oct 20, 2020
The cotton market posted new highs for its move overnight as speculators continue to ramp up their buying. Last Friday’s CFTC data indicated a net long 59,000 contracts, but conventional […]
