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Cotton Starts the Week with Monday Losses
BarchartMon Oct 14, 4:55PM CDT
Cotton futures closed out the Monday trade with contracts down 101 to 114 points. The outside markets were pressure factors, with the crude oil down $3.70/barrel and the US dollar index 303 points higher. The Seam reported 635 bales of online sales on October 11 at an average price of...
Cotton Falling Lower on Monday
BarchartMon Oct 14, 11:53AM CDT
Cotton prices are trading with 100 to 114 points so far on Monday. The outside markets pressure factors, with the crude oil down $1.80/barrel and the US dollar index 368 points higher. Spec funds in cotton futures and options added trimmed 224 contracts from their net short as of 10/8....
Cotton Falling Lower on Monday Morning
BarchartMon Oct 14, 7:27AM CDT
Cotton prices are down 85 to 160 points so far on Monday morning. Futures closed out Friday with contracts down 5 to 45 points, as USDA’s production cut didn’t go quite far enough to offset an export cut. The outside markets are mixed, with the crude oil down 35 cents...
Cotton Falls on Stocks Hike
BarchartFri Oct 11, 5:03PM CDT
Cotton futures closed out Friday with contracts down 5 to 45 points, as USDA’s production cut didn’t go quite far enough to offset an export cut. The outside markets are mixed, with the crude oil down 35 cents /barrel and the US dollar index 53 points lower. NASS’s bi-monthly Cotton...
Yield changes impact cotton, rice crop projections
Brownfield Ag NewsFri Oct 11, 1:04PM CDT
The USDA’s adjustments to 2024 cotton and rice production estimates are based on yield changes. This year’s upland cotton crop is seen at 13.685 million bales, 2% below September on a cut in yield, now at 778 pounds per acre, but 16% above 2023 on increased planted and harvested area,...
Storms affect cotton yield and quality in MO Bootheel
Brownfield Ag NewsFri Oct 11, 12:32PM CDT
A farmer in the Missouri Bootheel says Tropical Storms Francine and Helene haven’t done any favors for the cotton crop this fall. Barry Bean from Pemiscot County says most of the area has experienced cotton losses following some wind and up to 14 inches of rain. “What we’re seeing right...
Cotton Slipping Post USDA Release
BarchartFri Oct 11, 11:54AM CDT
Cotton futures are down 60 to 70 points so far on Friday, as USDA’s production cut didn’t go quite far enough for the bulls. The outside markets are mixed, with the crude oil down 53 cents /barrel and the US dollar index 133 points lower. NASS’s bi-monthly Cotton Ginnings report...
Cotton Showing Slight Friday Morning Strength
BarchartFri Oct 11, 7:25AM CDT
Cotton prices are trading with Friday morning gains of 18 to 24 points ahead USDA reports later this morning. Futures closed the Thursday session with contracts up 39 to 45 points the nearbys. The outside markets were supportive, with the crude oil back up $2.57/barrel and the US dollar index...
Cotton Bulls Push Back on Thursday
BarchartThu Oct 10, 5:07PM CDT
Cotton futures closed the Thursday session with contracts up 39 to 45 points the nearbys. The outside markets were supportive, with the crude oil back up $2.57/barrel and the US dollar index 60 points lower. The weekly Export Sales report this morning showed another slow week of sales at 89,608...
Cotton Back to Slightly Higher Trade
BarchartThu Oct 10, 12:01PM CDT
Cotton futures are showing slight 3 to 5 point gains so far in the nearbys. The outside markets are mixed, with the crude oil back up $2.48/barrel and the US dollar index 200 points higher. The weekly Export Sales report this morning showed another slow week of sales at 89,608...
Cotton Slipping on Thursday Morning
BarchartThu Oct 10, 7:27AM CDT
Cotton prices are starting Thursday trade with losses of 23 to 32 points. Futures closed the Wednesday session with contracts anywhere from down 6 to 7 points higher. The outside markets were adding some pressure, with the crude oil down another 21 cents/barrel and the US dollar index up 372...
Cotton Posts Mixed Action on Wednesday
BarchartWed Oct 9, 4:46PM CDT
Cotton futures closed the Wednesday session with contracts anywhere from down 6 to 7 points higher. The outside markets were adding some pressure, with the crude oil down another 21 cents/barrel and the US dollar index up 372 points. The trade is awaiting the weekly Export Sales report on Thursday...
Cotton Marginally Higher on Wednesday
BarchartWed Oct 9, 12:00PM CDT
Cotton futures are trading with 4 to 10 point gains on Wednesday. The outside markets are adding some pressure, with the crude oil down another 82 cents/barrel and the US dollar index up 337 points. The Seam reported 837 bales of online sales on October 8 at an average price...
Cotton Back Higher on Wednesday Morning
BarchartWed Oct 9, 7:32AM CDT
Cotton trade on Wednesday morning is showing 38 to 48 point gains. Futures settled Tuesday with contracts down 41 to 126 points. The outside markets added some pressure, with the crude oil dropping $3.24/barrel and the US dollar index slightly lower. August cotton export shipments totaled 684,962 bales, which was...
Cotton Falls Lower on Tuesday
BarchartTue Oct 8, 5:30PM CDT
Cotton futures settled Tuesday with contracts down 41 to 126 points. The outside markets added some pressure, with the crude oil dropping $3.24/barrel and the US dollar index slightly lower. August cotton export shipments totaled 684,962 bales, which was a 10-year low for the month. That was down 34.07% from...
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