Tag: cotton market
USDA: Weekly Cotton Market Review Sep 8, 2023
Spot quotations averaged 80 points lower than the previous week, according to the USDA, Agricultural Marketing Serviceís Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, […]
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 […]
USDA: Weekly Cotton Market Review Aug 18, 2023
Spot quotations averaged 29 points higher than the previous week, according to the USDA, Agricultural Marketing Serviceís Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, […]
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: Desperately in Search of Direction Jul 10, 2023
A mid-week holiday had me confused all week as to what day it was. Desperately in search of direction, the cotton market shared the same confusion. It began the week […]
USDA: Weekly Cotton Review May 26, 2023
Spot quotations averaged 82 points lower than the previous week, according to the USDA, Agricultural Marketing Serviceís Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, […]
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 […]
USDA: Weekly Cotton Review May 1, 2023
Spot quotations averaged 335 points lower than the previous week, according to the USDA, Agricultural Marketing Serviceís Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, […]
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. […]