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Tag: cotton news
Cotton: World Markets and Trade Jan 12, 2023
U.S. 2022/23 exports are lowered 250,000 bales compared with the previous month to 12.0 million bales. This is despite higher U.S. production and is attributed to lower global demand, with […]
Thompson On Cotton: Cotton Is Caught In A Catch-22 Jan 9, 2023
As sounds of fireworks fade, the excitement of ringing in a New Year comes to an end. Evidently, someone forgot to tell the cotton market for last week’s trading brought […]
Thompson On Cotton: Poor demand Remains the Anvil Hanging Over This Market Dec 27, 2022
Excuse the delay in our Cotton Market Review but quite frankly we were hindered by the record freeze which came with Christmas. Even so, the Arctic blast did little to […]
Thompson on Cotton: The Market Could Care Less About Anyone’s Cost of Production Dec 19, 2022
Cotton prices continued to consolidate for yet another week. Trading in a narrow four-cent range, March futures closed each day within 100 points of the previous day’s close. Despite some […]
Thompson on Cotton: Casting Mixed Signals Dec 13, 2022
Stubbornly for weeks, eighty cent has provided firm support in a sideways trading market. With the issuance of two major reports, export sales and the December WASDE, there was fear […]
Weekly Cotton Market Review – USDA Dec 9, 2022
Spot quotations averaged 106 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: Anxiously Awaiting the Monthly WASDE Report Dec 5, 2022
Though mired in a month-long trading range, cotton prices gained three cents on the week as March futures closed Friday at 83.20. This was largely due to Wednesday’s limit-up move, […]
Weekly Cotton Market Review – USDA Dec 2, 2022
Spot quotations averaged 37 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 Anvil Hanging Over the Market Nov 28, 2022
Over the past four weeks, March futures have traded in a range from 89 cents to a low of 70 cents. Swings of this magnitude are indicative of a reactionary […]
Weekly Cotton Market Review – USDA Nov 28, 2022
Spot quotations averaged almost 5 cents lower than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color […]
