May cotton futures kept to a mostly tight range from -26 to +120 points, and finished the day with a 61 point gain. The lead month finished the week with a net 15 point loss, and closed the month of March a net 8.2 cents/lb in the red after setting...
The USDA anticipates higher cotton and rice planted area. Upland cotton acres are seen at 10.47 million, up 4% on the year, with static to higher planted area for most states. Acreage for all types of rice is projected at 2.932 million acres, 1% more than a year ago, as...
Cotton futures are 70 points off their session highs into midday, following a strong surge out of the NASS data. New crop futures are also up by 21 to 43 points for midday. FAS data showed cotton bookings were 98.2k RBs for the week that ended 3/21. That was up...
Pork export sales surged to a marketing year high during the week ending March 21st. The USDA says pork sales were driven by strong demand from Mexico, which picked up most of the week’s total, followed by Japan and Australia. Beef, corn, wheat, sorghum, soybean oil, and cotton sales also...
Cotton futures are trading mixed in new crop but 50 to 60 points higher in old crop ahead of the weekly USDA Export Sales report and the Planting Intentions report. Futures were down sharply on Wednesday on some pre-holiday profit taking. The old crop contracts sank more than 2 pennies...
The old crop market faded by more than 2 pennies per pound on Wednesday, though the new crop futures firmed up off their session lows for the bell. New crop prices were still 82 to 96 points in the red, though Dec was 33 points off the low. The Seam...
Old crop cotton futures are at or near their lows for the day with more than 200 point losses so far. New crop futures are also triple digits in the red for the midweek pullback. Dec is now sitting at an 85 point loss for the week’s move. The 3/26...
Cotton is trading back down by as much as 108 points this morning, which has May’s weekly gain at 86 points at midweek. Old crop cotton closed 80 points off the Tuesday session highs, but still 116 to 139 points in the black. New crop futures were also 10 to...
Old crop cotton closed 80 points off the session highs, but still 116 to 139 points in the black. New crop futures were also higher, but ended ~10 points off the session high for 10 to 30 point gains. Analysts are looking for Thursday’s Planting Intentions report to show between...
Tuesday’s cotton futures are trading with triple digit gains so far at midday in the old crop contracts. The new crop futures are mixed, but mostly higher within 10 points of UNCH. Analysts are looking for Thursday’s Planting Intentions report to show between 10.4m and 11.3m acres for 2024/25 cotton....
Cotton is backing off the overnight highs, but old crop futures are still up by triple digits into Tuesday. The old crop cotton market was up by as much as 78 points to finish the first trading day of the week. New crop futures were mixed as Mar ’25 closed...
The old crop cotton market was up by as much as 78 points to finish the first trading day of the week. New crop futures were mixed as Mar ’25 closed UNCH and May ’25 went home 11 points in the red. Analysts are looking for Thursday’s Planting Intentions report...
Old crop cotton futures are trading 51 to 68 points in the black. Nearby new crop futures are off 30 points off their lows, but are still down by 3 to 20 points starting the week. Analysts are looking for Thursday’s Planting Intentions report to show between 10.4m and 11.3m...
Cotton is trading with 7 to 23 point losses so far into the new week. Dec cotton was the outsider for the market, closing the last trade day with a 3 point gain. Dec finished the week 27 points above last Friday’s settle. The other active futures were 3 to...