Marketing Stories

Market Analysis

Shurley on Cotton: Prices Show Faint Signs of Life

August 25, 2014

Prices (Dec14 futures) appear to have turned trend up, at least for the short-term. But, they're likely to meet resistance around 68 cents, meaning we may have some rocky ground to plow in order to return to prices starting with a 7.

Market Analysis

Market Bumps Up Over World Supply Worries

August 23, 2014

Concern over the amount of cotton available outside of China continues to dominate trading.

Market Analysis

Plexus: Positive Market Moves in Past Week Ease Bearish Pattern

August 22, 2014

December cotton finally broke out to the upside in the past week on expanding volume and rising open interest, with the August 21 close marking the highest level in four weeks.

Market Analysis

“Market Neutral” Report Keeps Bears at Bay – For Now

August 14, 2014

What many considered a very bearish August Supply/Demand Report has been digested by market forces and determined to be market neutral. Most likely, the 62 cent price floor has developed enough depth to protect the price from sliding any lower.

Cotton Board Approves Funding for Cotton Incorporated, Elects New Officers

August 13, 2014

The Cotton Board voted to recommend Cotton Incorporated’s proposed 2015 budget of $80 million to the Secretary of Agriculture.

Shurley on Cotton: August Numbers Likely Neutral to Bearish

August 12, 2014

The August USDA crop production and supply/demand numbers are best described as a mixed bag. Increases in U.S. exports and World Use are good news, as is the fact that ending stocks didn’t increase.

U.S. Production, Exports and Ending Stocks Increase in Past Month, Says USDA

August 12, 2014

USDA’s World Agricultural Supply and Demand Estimates for August show forecasted increases in production, exports and ending stocks for U.S. cotton.

Chinese Mills Eyeing U.S. Cotton as Prices Near Consolidation

August 8, 2014

Cotton prices attempted to consolidate a bit this week in the face of weather problems around the globe, as well as Chinese mills seeking imports of high grade cotton.

Shurley on Cotton – Prices Again Try to Consolidate

August 8, 2014

What will it take for prices to find a level of support low enough that the market sentiment will finally say “enough” and turn the outlook more bullish than bearish?

ICAC – Convergence of Cotton and Polyester Prices Should Improve Demand for Cotton

August 7, 2014

With the prices for cotton and polyester converging on the world market, the International Cotton Advisory Committee expects world consumption of cotton to increase five percent to 24.5 million tons in 2014/15.

Texas Rain, Monsoons and Cotton Prices All Linked in Bearish Market

July 31, 2014

Market technicals suggest the 60 to 62 cent level will hold for prices in the very short run – depending, in large part, on weather patterns for Texas and India.

Latest News
Market Analysis

Quality Continues to Drive Cotton’s “Joyful Ride”

February 21, 2015

Cotton’s joyful ride continues, as prices have pressed the 65 cent level, driven by demand for quality machine harvested cotton.

Market Analysis

Plexus: Time for the Market to Rest and Regroup?

February 20, 2015

Look for the market pull back a bit and regroup over the coming weeks. But don’t worry. It’s just taking a breather.

Market Analysis

Plexus: Buying Pressure Should Keep Cotton Moving Up

February 18, 2015

Buying pressure over the coming months should help maintain the current upward move for cotton.

Market Analysis

Market Faces Long and Crooked Row to Higher Prices

February 17, 2015

The market has a very long and crooked row to hoe on its path to higher prices. However, it is sending multiple signals that the 57 cent resistance level did hold, and prices can now begin to ease higher.

Market Analysis

Shurley on Cotton: Upward Progress Finally Being Made

February 11, 2015

Prices should be nearer the bottom end of their likely range. If you’re going to plant cotton in 2015, be patient and wait for possible rallies this summer.

Market Analysis

Plexus: Market in Perfect Shape for a Short Squeeze

February 10, 2015

Since starting to move higher, the March contract has gained more than 450 points and has moved through some key resistance levels. Buyers are now firmly in control of the market.

Market Analysis

Market is Scrambling for Quality Cotton

February 7, 2015

The market is plowing new territory each week as mills search for quality cotton. And they’re starting to get desperate.

Market Analysis

Plexus: Market Maneuvering Into an “Interesting Position”

February 3, 2015

Continued strong demand for U.S. cotton has lifted the futures market to a two-week high, helping to maneuver the market into an interesting position.

Marketing

Cotton Inc. Sets Schedule for Risk Management Seminars

February 2, 2015

Cotton Incorporated will begin its series of Cotton Price Risk Management Seminars on February 10 in Memphis, TN, with other sessions scheduled for Maricopa, AZ and Lubbock, TX.

Market Analysis

Will the U.S. Sell Out of Cotton?

February 2, 2015

World consumption is trending up, and the market is suggesting that the U.S. will “sell out” of cotton this year if prices do not increase.

Marketing

The Passing of Dukes Wooters

January 30, 2015

J. Dukes Wooters, Jr., retired chairman of Cotton Incorporated and the driving force behind the Seal of Cotton and the industry’s branded marketing efforts, passed away following a short illness. He was 97.