December 9, 2014
Georgia cotton consultant Michael Williams has a one-word answer to picking varieties: “Yield.” He’s not alone in that assessment. Those …
December 15, 2014
USDA’s lower projections for U.S. cotton production should strengthen the current global demand shift in favor of U.S. cotton. The implication is a relative higher price.
December 5, 2014
After closing the previous 14 sessions in a very tight price band, March cotton started to break out to the upside, boosted by a firmer cash market and possible spec buying.
November 25, 2014
Merchants are now pricing cotton basis the March 2015 futures contract. But March futures – and all prices – are showing a new round of weakness.
November 24, 2014
I said it at 61/62 cents, so I’d best say it for 57 cents. The bottom is in.
November 21, 2014
The recent COTTON USA Sourcing USA Summit brought representatives from global sourcing companies together with the U.S. cotton industry to discuss the advantages of U.S.-grown cotton.
November 17, 2014
The recent trading action that pushed cotton prices into the 50s is linked to the interplay of spec short covering and spec long liquidation, which should keep the market in its current sideways trend.
November 11, 2014
USDA’s November crop production and supply/demand numbers are little changed from the October numbers.
November 7, 2014
Cotton prices continued their path to nowhere and are expected to continue the same back and forth trading action, reinforcing the thought that the market has bottomed out.
January 26, 2015
For the fourth time since last spring, prices have again failed to hold support as new negative forces overtake the market. The decline in prices is concerning, but is offset somewhat by a strong basis and premiums for quality and an increasing LDP/MLG.
January 14, 2015
Cotton Incorporated will conduct its Cotton Price Risk Management Seminar on February 10 in Memphis, TN.
January 11, 2015
Despite spending the week in positive territory, the market was thinly traded, but closed slightly higher and withstood the increasing value of the U.S. dollar. That’s a win for cotton, as it held its own despite a widespread call for lower prices.
January 5, 2015
Recent price drops erased all gains from the previous nine sessions in one fell swoop, moving the market back into the 58-61 cents sideways range from which it tried to escape.