Cotton prices are facing pressure on Thursday morning, with losses of 50 to 70 points. Futures closed the midweek session with the gains of 2 to 12 points. The outside markets were pressure factors on the midweek session, as crude oil futures were down $2.10/barrel, with the US dollar index...
Cotton price action at the midweek session held the gains on from throughout the session, as contracts closed with 2 to 12 point higher trade. The outside markets were pressure factors on the midweek session, as crude oil futures were down $2.10/barrel, with the US dollar index $0.057 higher on...
A cotton farmer from Texas says she’s expecting the USDA to honor contracts for farmers participating in the Environmental Quality Incentives Program. Alisha Schwertner told the House Ag Committee in a hearing on Tuesday “We have $100,000 of outstanding funds with projects, but we’ve never not been paid. I’m confident...
Cotton futures are shrugging off some pressure from the outside markets and a negative USDA report from Tuesday, with midday gains of 2 to 14 points on Wednesday. The outside markets are mixed pressure on the midweek session, as crude oil futures are adding pressure, down $1.67/barrel, with the US...
Cotton price action is continuing to move higher on Wednesday, with gains of 20 to 26 points. Futures largely ignored the larger projected stocks from the USDA on Tuesday, with contracts holding onto gains of 67 to 86 points into Tuesday’s close. The outside markets were supportive factors on Tuesday....
Cotton futures largely ignored the larger projected stocks from the USDA on Tuesday, with contracts holding onto gains of 67 to 86 points into Tuesday’s close. The outside markets were supportive factors on Tuesday. Crude oil futures were up 86 cents/barrel, with the US dollar index back down $0.413 on...
Cotton futures reached an eleven-year high of over $1.50 per pound in 2022 but ran out of upside steam. They last traded above $1 in March 2024 before falling under the 70 cents per pound level. As the cotton market heads into the 2025 crop year, the price is at an attractive level that could have significant upside potential.
The USDA increased its domestic cotton and rice ending stocks estimates. U.S. rice stocks are now pegged at 47 million hundredweight, up 3.5 million from January on higher imports and lower exports, which canceled out a gain in the domestic and residual use guess. The average 2024/25 farm price was...
Cotton futures are ignoring the larger projected stocks from the USDA today, with contracts holding onto gains of 58 to 77 points on Tuesday. The outside markets are supportive factors, as crude oil futures are up 97 cents/barrel. The US dollar index is back down $0.298 on the day. Cotton...
Cotton prices are up another 21 to 50 points so far on Tuesday morning. Futures posted 80 to 91 point gains across the front months on Monday. The outside markets were mixed factors, as crude oil futures were up $1.49/barrel. The US dollar index was adding some pressure, up $0.282...
Cotton futures posted 80 to 91 point gains across the front months on Monday. The outside markets were mixed factors, as crude oil futures were up $1.49/barrel. The US dollar index was adding some pressure, up $0.282 on the day. The Seam reported 5,705 bales of online sales on February...
Cotton futures are trading with 72 to 81 point gains across the front months on Monday. The outside markets are mixed factors, as crude oil futures were up $1.40/barrel. The US dollar index is adding some pressure, up $0.262 on the day. Commitment of Traders data from CFTC showed specs...
Corn, soybean, and cotton growers have embraced the Enlist weed control system and rely on the weed control that Enlist® herbicides provide. To maintain the efficacy and relevance of the Enlist system, Corteva U.S. crop protection technical lead Eric Scherder says growers, retailers, and applicators should follow important best management...
Cotton price action is showing stronger movement on Monday morning, with gains of 104 to 131 points. Futures posted nearby losses of 40 to 41 points on Friday, with March down 25 points on the back and forth week. The outside markets were mixed factors, as crude oil futures were...