Tag: DTN cotton
DTN Cotton Close: Market Ends Moderately Mixed Apr 7, 2022
The cotton market finished Thursday’s session with the old crop in negative territory, but the new crop actually finished higher. Thursday morning’s weekly sales of roughly 60,000 was considered negative, […]
DTN Cotton Open: Market Wobbly, Awaits Data Apr 7, 2022
The cotton market continues to shuffle sideways-to-lower as traders continue to monitor the weather, outside markets and await Friday’s crop update. In addition, given May cotton’s delivery starts within two […]
DTN Cotton Close: Market Finishes Lower Apr 6, 2022
The cotton market ended Wednesday lower to sharply lower, with the old crop contracts taking the most of the bearish brunt. Fears that rising rates will usher in a recession, […]
DTN Cotton Open: Market Lower, Awaits Data Apr 6, 2022
After posting new highs in the new crop Tuesday, the cotton market is moderately lower Wednesday. It sees the rally in the Dollar Index as negative, but also is prepping […]
DTN Cotton Close: Old and New Crop Markets Diverge Apr 5, 2022
The cotton market diverged Tuesday as old crop months were lower, while new crop contracts were higher. Both May and July cotton were down as the U.S. dollar was stronger, […]
DTN Cotton Open: Market Pushes Higher Apr 5, 2022
The cotton market is higher overnight with new crop December punching out new life-of-contract highs. Adverse weather, outside markets, and acres competition may be the top driving forces. Currently, the […]
DTN Cotton Close: Market Ends Sharply Higher Apr 4, 2022
The cotton market had a strong performance Monday, influenced by its trend, the weather and outside markets. Despite last week’s dramatic fall in which spot May collapsed some 13% off […]
DTN Cotton Open: Market Rebounds Higher Apr 4, 2022
The cotton market is higher this morning as traders recover from last week’s unfriendly planting intentions. USDA reported on March 31 that 2022 acreage was some 12.20 million, a near […]
DTN Cotton Close: Market Finishes Mixed Apr 1, 2022
The cotton market closed diversely with old crop lower and new crop higher. To that end, some traders feel whenever the “bull spreads” sharply deviates, it is considered as a […]
DTN Cotton Open: Market Posts Overnight Recovery Apr 1, 2022
The cotton market is somewhat higher Friday after posting grueling losses Thursday. The market saw poor export sales data and higher potential 2022 acres. In addition, the on-going peace talks […]