Tag: DTN cotton
DTN Cotton Open: Higher on Weather, Delivery Preps Apr 18, 2022
The cotton market is coming back from the Easter Holiday somewhat overbought as last Wednesday it posted an 11-year high. Currently, the market is trading inside Thursday’s high/low range. Weather-wise, […]
DTN Cotton Open: Futures Prices Remain Higher on India, Weather Apr 14, 2022
Overnight the cotton market continued to trade higher amid the news for India and the dry weather of Texas. Wednesday, India announced the implementation of a duty-free import program to […]
DTN Cotton Close: Sharply Up on India Apr 13, 2022
Cotton nearly traded limit-up Wednesday (5 cents) as news that India would allow duty-free imports to enter its country jolted the market. According to certain newswires, the government is attempting […]
DTN Cotton Open: Prices Swing Wildly Apr 13, 2022
Overnight, the cotton market has ramped higher with the July and December contracts posting new life-of-contract highs. However, in a bit of a two-fisted, two-sided struggle, the market has turned […]
DTN Cotton Close: Sharply Up, Fixations, Weather Apr 12, 2022
The cotton market closed sharply higher Tuesday as continued textile mill fixation-type buying kept a strong bid underneath the old crop trade. On the other side, unrelenting dry conditions are […]
DTN Cotton Open: Sharply Higher on China, Weather Apr 12, 2022
Overnight, the cotton market is running strong with new crop months posting new highs. Behind the move is a continuing bleak weather scenario for West Texas and surrounding states, as […]
DTN Cotton Close: Market Moves Higher Apr 11, 2022
The cotton market was higher Monday with the old crop sharply higher, while the new crop made another round of contract highs. In addition, crude oil posted another sharply lower […]
DTN Cotton Open: Market Resumes Mixed Trade Apr 11, 2022
Picking up where it left off Friday, old crop cotton is lower while new crop is higher. Of course, the May and July contracts may still be smarting from Friday’s […]
DTN Cotton Close: Ends Mixed on World Carryout Data Apr 8, 2022
USDA issued its April Crop Report on Friday, in which domestic ending stocks were unchanged, but world carryout was raised by approximately 800,000 bales. The summary from the USDA WASDE […]
DTN Cotton Open: Market Slightly Up, Awaits Data Apr 8, 2022
The cotton market is slightly higher Friday morning as it awaits the supply-demand update from USDA, as well as any weather updates into next week. For Friday’s report, the average […]