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Cotton news, markets and agronomy

Sep 24:Adjusted world price66.097-market avg78.13

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U.S. Loan Program Could Take Price Pressure Off of Cotton Farmers

With cotton prices sitting below the threshold that triggers government loan repayment assistance, the pressure for growers to move their cotton to market after harvest may be reduced.

As U.S. cotton harvest begins, cotton futures are sitting at five-year lows – below the threshold that triggers government loan repayment assistance to farmers.

According to a recent Wall Street Journal article, that assistance program could help support prices and take the pressure off growers to market their cotton immediately after harvest.

Read the entire report here.

 

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