Since the 2024 harvest season, the New York ICE contract has moved some 11-12 cents lower and is not through yet. Most trading will likely fall within the three cent, 64-67 cent range.
There is some positive news in the cotton market that does bode well for 2025 crop price prospects.
National Cotton Council economists say a few key factors will shape the U.S. cotton industry’s 2025 economic outlook.