Cotton Grower - Dedicated Coverage and Reporting of the Cotton …
Nov 4, 2024 · Planning Needed to Create Demand for the Global Textile Industry. The global textile industry needs mid- to long-term planning to help create demand. New York Cotton Futures sitting in the low 70-cent range for December delivery highlight the issues with demand. With inflation coming down, a demand uptick….
Cotton Market Showing Better Potential Off USDA Report
2 days ago · Cotton Market Showing Better Potential Off USDA Report. The cotton market pulled up its bootstraps in the week’s trading (Nov. 4-8) as December spent time above 71 cents before settling the week at 70.96 cents. The proverbial worm is turning. It’s a fat worm so the roll over will require time, but it is coming.
Strengthening NexGen’s Foundation of Performance
4 days ago · From Cotton Grower‘s Cottonseed Roundup (November 2024) The 2024 growing season has proven to be a showcase for several NexGen cotton varieties, according to Robert Lemon, Product Development Specialist/Senior Agronomist for Americot. That’s especially true for what he describes as the company’s flagship varieties – NG 3195 B3XF, NG ...
Consistent Variety Performance is Paying Dividends for Armor
4 days ago · Consistent Variety Performance is Paying Dividends for Armor. From Cotton Grower’s Cottonseed Roundup (November 2024) As Armor cotton seed entered the 2024 growing season, it was doing so with an up-and-coming product portfolio, positive word of mouth from growers, and a couple of years of testing success in state Official Variety Trials. It ...
Export Sales of U.S. Cotton Improve in Face of Lagging Demand
Nov 4, 2024 · Export Sales of U.S. Cotton Improve in Face of Lagging Demand. Cotton prices slipped into the 60s at week’s end as the longstanding 70-71 cent price support level was penetrated in the face of the declining demand. In fact, all old crop futures prices have moved lower for four consecutive weeks. December futures lost 310 points over this period.
Shurley: Little Upward Traction for Cotton Prices Despite Supply Cuts
Oct 16, 2024 · Cotton prices (December 2024 futures) continue to struggle. Prices have improved from lows in the 67 to 70 cents area but have trended down since recovering to 74 cents. These prices are unprofitable and unsustainable. Cotton price has declined 14% since last March. Corn has declined 15% and soybeans 17%. The price patterns for cotton, corn ...
Demand Issues Keep Driving Cotton’s Four Cent Trading Range
Demand Issues Keep Driving Cotton’s Four Cent Trading Range. By Dr. O.A. Cleveland | October 20, 2024. Cotton muddled through the week, spending most of its time near its heretofore support level at 71 cents. It appears that the market will try again to break that support and visit the very high 60s before making a run back to the 74-cent ...
Cotton Plantings Report Surprises Market, Potential for Better …
Jun 30, 2024 · Despite the very bearish USDA June plantings report, the potential for higher 2024 crop prices remains on track. Recall, we warned that higher prices would come very, very slowly and only bit by bit. Despite the report indicating that 11.67 million acres were planted to cotton across the U.S., most of the increased acreage was planted in the vast dryland of the Southern Plains – an area very ...
Cotton Prices Hold on Signs of a Better U.S. Crop
Thus, while the December contract may have to battle the 67-69 cent level for the next six weeks, futures should climb above 70 cents and, in fact, work the 70-75 cent price range. The market does remain nervous about the September crop production report. As noted, the crop is better than reported last month.
Crop Progress: Cotton Catching Up to Five-Year Averages
Aug 21, 2023 · For a crop that’s generally been behind schedule for most the season, the 2023 U.S. cotton crop is progressing back to within a few percentage points of its 5-year average for mid-August. According to USDA’s Crop Progress report for the week ending Aug. 20, boll set is now visible in 81% of the crop – off average by 3 points.