Editor's Picks
Tag: thompson on cotton
Thompson on Cotton: Did Christmas Come Early? Nov 7, 2022
Did Christmas come early? A look at last week’s market action and one would think so. December futures, after sliding to a low of 70.21 on Monday, rallied seventeen cents […]
Thompson on Cotton: Futures Drop into 70s, but Likely Won’t Move Much Lower Oct 24, 2022
Desperately in need of a parachute, cotton prices fell for the sixth consecutive week. Plummeting through previous support, current crop December futures traded below 80 cents for the first time […]
Thompson on Cotton: Take Advantage of Exceptional Basis Oct 19, 2022
It was the same song but second verse, as cotton traded wildly for yet another week. Hitting daily trading limits both up and down, prices swung from a high of […]
Thompson on Cotton: Fundamentals Having Little Impact on Market Oct 3, 2022
For the third consecutive week, cotton prices plummeted. After dropping over seven cents last week, it has given up an astounding 28 cents for the month. It now finds itself […]
Thompson on Cotton: Caught in Crossfire Between Demand and Inflation Sep 26, 2022
Oh, how the mighty are falling! The Dow Jones dropped over 1,100 points for the second consecutive week closing at 29,549 breaching the psychological 30,000-point mark for the first time […]
Thompson on Cotton: Poor Economic News Brings Out Bears Sep 19, 2022
Like sticking a pin in a balloon, the wind was taken out of the market last week as poor economic news brought out the bears. The once resilient consumer appears […]
Thompson on Cotton: Strong Rally Shows Market Still Has Life Aug 29, 2022
Most all commodities posted significant gains last week with cotton being no exception. Once again, buyers outnumbered sellers as supply side worries continue to mount. Though volume was down from […]
Thompson on Cotton: Market Building Momentum Aug 15, 2022
As we watched cotton prices fall to a recent low of 82.54, the question became how much lower and were wondering if the high is behind us. Well, I harken […]
Thompson on Cotton: Market Is Short of Sellers Aug 8, 2022
Like a tumbleweed in the West Texas wind, cotton has traded sideways between 91 and 96 cents since mid-July. Closing the week at 96.13, Friday’s strong finish was a breakout […]
Thompson on Cotton: Prices Rally for 2nd Week Aug 2, 2022
Could it be a sign the winds of change are a blowing? For the second consecutive week, cotton prices closed higher. Advancing almost six cents last week, December futures settled […]
