Tag: Autauga Quality Cotton
Thompson On Cotton: Inflation Doesn’t Seem To Be Cooling Down Sep 19, 2023
We entered last week expecting a great deal of market volatility as a host of fundamental and macroeconomic reports were scheduled for release. So it was, after advancing over 200 […]
Thompson on Cotton: Music to the Market’s Ears Sep 5, 2023
Last week was a case of bad news for some was good news to others. Hurricane Idalia was expected to take her Category 3 winds east of all but a […]
Thompson on Cotton: Signs a Soft Landing May Be Possible Jul 31, 2023
December futures string of daily highs ended last week at eight. But not before reaching 88.39 which proved to be a trigger point for grower selling. However, as warned, when […]
Thompson on Cotton: Some Excitement Has Returned Jul 25, 2023
After advancing 326 points and closing higher for the fourth consecutive week, some excitement has returned to the cotton market. For the past eight months, it has steadily traded in […]
Thompson on Cotton: Inflation Continues to Ease Jul 17, 2023
Expectations were for an active trading week with the release of several reports and key indicators, but last week’s market activity was lackluster. It did trade in a four-cent range […]
Thompson on Cotton: Two Weeks of Gains Erased May 15, 2023
Outside forces continue to dominate the market, so much so, favorable fundamentals were overlooked last week. Despite strong export sales and an encouraging WASDE report, cotton prices declined on renewed […]
Thompson on Cotton: It’s Déjà Vu All Over Again May 8, 2023
As Yogi Berra once said, “It’s déjà vu all over again.” For consecutive weeks cotton prices have dipped precariously below 80 cents before rebounding for significant gains. After falling to […]
Thompson On Cotton: The Driving Force Behind Today’s Cotton Market May 1, 2023
“It’s the economy, stupid!” Many of you remember this phrase coined by James Carville when serving as campaign manager for Bill Clinton in 1992 referring to an election-year economic recession. […]
Thompson On Cotton: A Turnaround Thursday Apr 24, 2023
Last week began on a positive note as prices climbed above 85 cents for the first time since March 7th. Mired in a six-month trading range a return to the […]
Thompson On Cotton: Caught In A Squeeze Apr 10, 2023
For most of the week, the market traded aimlessly looking for guidance. Renewed recession fears, early on, forced a decline from the previous week’s highs. Even so, it found firm […]