Tag: Cotton
Cleveland on Cotton: Supply Now Driving Price Revival Aug 9, 2022
As Joe Tex sang it, “Hold on to What You’ve Got!” Still, just a little more patience. Cotton prices settled the week with another run at the 97-to-98-cent resistance level. […]
Cleveland on Cotton: Patience Paying Off in Summer Doldrums Aug 2, 2022
Continuing with patience…it is paying off. Cotton prices blew through the 93-cent price resistance as suggested, albeit much sooner than I expected. Keep thinking patience as prices now look to […]
Cleveland on Cotton: Don’t Expect the Market To Be in a Hurry Jul 26, 2022
The market tried its hand at 91-92 cents but could not generate a close above 93 cents. Yet, it was refreshing that support surfaced at the 90-cent level. Prices will […]
Cleveland on Cotton: Demand Fundamentals Slipping, But Supply Still Highly Supportive Jul 19, 2022
Patience, patience, patience. Most all cotton fundamental signals weigh in on the side of higher prices, but not all. In fact, compared to last season, the weaker fundamentals have shifted […]
Cleveland on Cotton: Not a Pretty Market, but Prices Strengthening Jul 12, 2022
Triple digit gains for cotton and double-digit gains for grains/oilseeds to end the week. Cotton and other row crop commodities did the roller coaster thing again this week, with cotton […]
Cleveland on Cotton: Time to Keep an Eye on Supplies Jul 5, 2022
Cotton sailed through the week and ended about where it started – near 97 cents, basis December. Grains and oilseeds traded in sympathy, but cotton has the more favorable economic […]
Cleveland on Cotton: Prices Dive! What Happened and Why? Jun 28, 2022
It always happens! July and December come together. Yet, neither for a million dollars, nor in a million years, would I have guessed it would have been this way. It […]
Cleveland on Cotton: Demand Trying to Outrun Economic Jitters Jun 21, 2022
Comes another first notice day (FND) for the cotton world this week! Either the October futures contract must jump higher to reconcile with the July contract…or the July futures contract […]
Cleveland on Cotton: Strong Early Week Ends with Near Limit Dive May 7, 2022
Just like last week the weekly close saw the market take a dive, almost limit down, after setting contract highs earlier in the week. More of that activity should be […]
Cleveland on Cotton: Market Keeps Exploding Higher, For Now Apr 30, 2022
The roller coaster continues, limit up 500 points, limit up 700 points and then we lose a little. Even the “limits’ are changing faster than ever. We have an exploding […]