Tag: Doane Cotton
Doane Cotton Close: Bounces on Short-Covering Feb 24, 2015
Cotton managed to bounce back today, once again propelled mostly by short-covering by specs not wanting to get a call for delivery by some long. We can put numbers on […]
Doane Cotton Close: Rally Hits Buyer Resistance Like Brick Wall Feb 23, 2015
There was a powerful last surge in buying by panicky shorts in the March contract today, taking it up 300 pts for while before selling resumed. Last week’s export sales […]
Doane Cotton Close: Gains Start to Slip Feb 20, 2015
For the second straight day cotton gave back some of the startling gains of the preceding 4 trading sessions. Traders reacted badly to USDA coming out in yesterday’s Outlook Conference […]
Doane Cotton Close: Negative Reaction to Planting Predictions Feb 19, 2015
Traders reacted badly to USDA coming out in today’s Outlook Conference with a preliminary estimate that 2015 cotton acreage would be 9.7 million acres; down from last year’s 11.01 million […]
Doane Cotton Close: India’s Production Estimate Ignored by Market Feb 18, 2015
REPEATING YESTERDAY’S ADVICE ALERT: New crop futures are now back to the mid-60s and we see the upper 60s to low 70s as a “best case scenario” for new crop […]
Doane Cotton Close: Market Enjoys Sizzling Demand Feb 17, 2015
ADVICE ALERT: New crop futures are now back to the mid-60s and we see the upper 60s to low 70s as a “best case scenario” for new crop under normal […]
Doane Cotton Close: Weekly Exports Plummet Feb 12, 2015
Strictly Cash Marketer: You should be 75% priced on expected 2014 production. Use this week’s surge to push old crop sales to 90% and hold just 10% back as “gambling […]
Doane Cotton Close: Price Action Not Very Supportive Feb 11, 2015
Strictly Cash Marketer: You should be 75% priced on expected 2014 production. Use this week’s surge to push old crop sales to 90% and hold just 10% back as ‘gambling […]
Doane Cotton Close: Generally Positive Demand Outlook Feb 10, 2015
The new demand data for 2014/15 was generally positive for the cotton sector outlook. USDA raised the forecast for exports to 10.7 million bales, up 700,000 from the forecast in […]
Doane Cotton Close: Acreage Forecast Well Below 2014 Feb 9, 2015
At a meeting this weekend, the National Cotton Council published the results of its initial farmer survey in an effort to get an early look at likely U.S. cotton plantings […]