Shurley on Cotton: Exports, Production Uncertainty Should Offer Price Support

🕔May 15, 2018Last week (on May 10,2018) USDA released its monthly crop production and supply and demand estimates. Each year, the May report contains the first projections for the upcoming new crop […]

Shurley On Cotton: “A Chip Shot Away From 80 Cents”

🕔Apr 22, 2018Eighty-cent cotton is within sight. Prices (Dec futures) trended down this week but rebounded on Thursday and Friday — closing at 79.43 cents on Friday. Dec broke 79 cents for […]

Shurley on Cotton: More Tariff Talk

🕔Apr 9, 2018A tariff is a fee assessed on imports. The tariff is a per-unit charge that has to be paid to the government by whomever brings the good across the border […]

Shurley on Cotton: Will Updated Acreage Cool Prices?

🕔Mar 30, 2018Today’s USDA Prospective Plantings report, in my opinion, now gets us much closer to what will eventually be the acres planted number. The 13½ neighborhood or even higher is what […]

Shurley on Cotton: December Report Pretty Much Seals the Deal

🕔Dec 19, 2017Despite 2 hurricanes and earlier than normal cool temperatures on the Texas Plains and despite what many observers and analysts thought would eventually occur, it looks like the US cotton […]

Shurley on Cotton: Use Is Key to Price Strength and Stability

🕔Nov 20, 2017Back in May, when most of the 2017 cotton crop still remained to be planted, USDA released its first supply and demand projections for the 2017 crop marketing year. That […]

Shurley on Cotton: Oct. Numbers Were Not As Expected—But Prices Hold

🕔Oct 17, 2017Last week, I visited an “apple house” in north Georgia. On this day, there were 3 or 4 bus loads of kids there also—touring the orchards, petting animals, and eating […]

Shurley on Cotton: Changes in the Loan Program and Rate for 2017

🕔Oct 9, 2017The marketing assistance loan (MAL) is an important tool used by many producers and marketing associations in cotton pricing and risk management. In addition to research and farmer education, I […]

Shurley on Cotton: Market Makes a Hard Landing

cotton
🕔Sep 15, 2017Apparently, USDA’s September numbers took the market by surprise. I don’t quite understand why that should have been the case but apparently it was. To a lot of folks that […]

Shurley on Cotton: Harvey, Irma, and Other Unknowns as We Move Into September

🕔Sep 1, 2017The human toll on life and property from Hurricane Harvey is horrific. Harvey is being tabbed as the worst natural disaster in our nation’s history. The losses are still being […]

Weather

Markets

The Latest