Tag: Cotton
Cleveland on Cotton: Slow, Long-Term Climb Ahead Oct 25, 2022
It is always the darkest before the dawn. Old crop cotton futures are working overtime to establish the 77-78 cent area as the price bottom. This week’s trading pushed prices […]
Cleveland on Cotton: Slippage in Demand Weighing on Prices Oct 18, 2022
These are difficult times for the American cotton grower. Cotton prices have tubed. Drought devastated the Southwest. The Far West was under water allocation. Thankfully, many Mid-South growers harvested an […]
Cleveland on Cotton: Market Caught Between Bulls and Bears Oct 11, 2022
Cotton prices muddled through another week with limit days, both up and down. Yet, trading did give us a whiff of the possibility that 81-to-82 cents would provide support. That […]
Cleveland on Cotton: A Price Crash to Remember? Oct 4, 2022
There must be a song or love story about a “September to Remember,” but nothing comes to mind. Historically, there have been crashes or near crashes in the equity markets […]
Cleveland on Cotton: Economic Uncertainty Now Driving Prices Sep 27, 2022
No doubt it is the economy, stupid. James Carvell’s line is much easier to visualize this week than last. Cotton fell to near the dreaded 90 cent mark as Friday’s […]
Cleveland on Cotton: Inflation Worries Smash Price Support Sep 20, 2022
The 1990’s saw a Louisiana man become famous for coining the phrase, “It’s the economy, stupid.” In fact, James Carville’s saying resonated such that he was credited with the election […]
Cleveland on Cotton: Business Still Being Done Despite Tightening Demand Sep 14, 2022
Cotton prices eked out a gain on the week, up 163 points, after being down nearly 1500 points the prior week. But this market will take anything it can get, […]
Texas LRGV Cotton: Harvest Nearly Finished Sep 4, 2022
Cotton growers in the LRGV have been harvesting cotton nonstop working around several coastal showers received these last two weeks and continue to receive as they finish off the season. […]
Cleveland on Cotton: Trading Strong, Volume Light, Prices Keep Climbing Aug 30, 2022
Cotton trading settled the week on a strong note as Friday’s (Aug. 26) trading enjoyed a 350+ point move to the upside, settling at 117.68 cents. One highlight was that […]
Cleveland on Cotton: Long Term Bulls Heading Back to the Market Aug 16, 2022
Okay, patience was good. Let’s move on. Cotton is well above the dollar mark. The weekly close of 108.59 cents had little help from the funds. The U.S. crop has […]