Tag Archives: O.A. Cleveland

Cleveland: Cotton Prices Rally to Point of Likely Resistance

Cotton prices moved higher on the week, reaching a six month high as the March contract gave way to the May contract as the spot month. Attempting again to climb above 90 cents, the market – while remaining strong – again sent signals that the 87 to 90 cent level brought on more rationing from

Cleveland: Strong U.S. Exports Bolster Cotton Market

Cotton prices eased higher near week’s end as Thursday’s rally brought the nearby March back above 86 cents.  The week was highlighted by strong U.S. export sales, the firming of Indian prices, ideas that the US crop is not as large as forecast by USDA and increased talk of weather problems facing the 2014 crop.

Cleveland: Cotton Market Positive Heading into 2014

The hit movie in 1989 was Field of Dreams, starring Kevin Costner and James Earl Jones. The movie was built around the theme, “If you build it, he will come.” Moving into 2014, the Chinese textile industry is broadcasting, “If you grow it, we will come.” Chinese mills continue to opt for imported cotton over

Cleveland: Trading Range Holds in Cotton’s Dog Days of Summer

As is typical during the Dog Days of August, the cotton ventures off to the commodity trading sidelines and Mother Nature plays her invisible hand in crop development around the Northern Hemisphere. This year, as the vagaries of nature play out in all producing regions, the market is more focused on the Southwest U.S. along