Cotton futures ended the Friday session with loses of 71 to 86 points, as March slipped 84 points this week. The outside markets were mixed factors, with the US dollar index up slightly and crude oil shooting $1.07barrel higher. Commitment of Traders data showed a total of 5,840 contracts added...
The new chair of the United Soybean Board says managing costs will be a top priority for many growers in 2025. Philip Good raises soybeans, corn, cotton, cattle and catfish with his son near Macon, Mississippi. “I know that on my farm this past year we experienced a drought. We...
Cotton futures are facing weakness on Friday, with midday losses of 80 to 81 points in the front months. The outside markets are mixed factors, with the US dollar index up slightly and crude oil shooting $1.19/barrel higher. Export Sales data took total cotton shipments to 2.293 million RB, down...
Cotton price action is heading south this morning, down 68 to 86 points across most front months. Futures posted slightly mixed trade on Thursday, with contracts down 6 point to 5 points higher. The outside markets were pressure factors, with the US dollar index up 310 points and crude oil...
Cotton futures posted slightly mixed trade on Thursday, with contracts down 6 point to 5 points higher. The outside markets were pressure factors, with the US dollar index up 310 points and crude oil 27 cents/barrel lower. Export Sales data from this morning showed a total of 152,989 RB sold...
Cotton futures are trading with 8 to 17 point gains so far on Thursday’s midday. The outside markets are mixed factors, with the US dollar index up 40 points and crude oil 13 cents/barrel higher. Export Sales data from this morning showed a total of 152,989 RB sold in the...
Soybean and corn export sales were down on the week. The USDA says the week-to-week decline for corn followed a slower week of business with Mexico, while soybean sales were impacted by a cancelation from unknown destinations. Pork, wheat, rice, cotton, and soybean meal sales for the week ending December...
Cotton prices are showing 9 to 17 point gains on Thursday AM. Futures closed out the Wednesday session with contracts 18 to 67 points higher. The outside markets are mixed factors, with the US dollar index up 278 points and crude oil $1.77/barrel higher. USDA raised their 24/25 US cotton...
Cotton futures closed out the Wednesday session with contracts 18 to 67 points higher. The outside markets are mixed factors, with the US dollar index up 278 points and crude oil $1.77/barrel higher. USDA raised their 24/25 US cotton carryout by 100,000 bales to 4.4 million bales on Tuesday thanks...
Cotton futures are trading with 60 to 77 point gains on Wednesday. The outside markets are mixed factors, with the US dollar index up 278 points and crude oil $1.45/barrel higher. USDA raised their 24/25 US cotton carryout by 100,000 bales to 4.4 million bales on Tuesday thanks to a...
Cotton prices are slipping lower again on Wednesday morning, with losses of 32 to 36 points. Futures closed out the Tuesday session with losses as USDA raised stocks. Contracts were down 40 to 76 points across the board. The outside markets were mixed factors, with the US dollar index up...
Cotton futures are trading with losses of 62 to 68 points at midday. The outside markets are mixed factors, with the US dollar index up 365 points and crude oil back $0.45/barrel higher. USDA’s update to the balance sheet showed a 3 lb increase to yield at 792 lb, with...
The USDA continues to project a larger cotton crop in 2024 than 2023. Upland cotton production is seen at 13.757 million bales, less than 1% above November and 17% higher than last year. That higher production guess followed an increase in the average yield estimate, up 3 pounds per acre...
Cotton prices are showing losses of 51 to 53 points on Tuesday morning. Futures closed with weakness on Monday with contracts down 10 to 25 points. The outside markets were mixed factors, with the US dollar index up just 91 points and crude oil back up $0.95/barrel lower. The Seam...