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Market News
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Cotton Rallies into the Weekend
BarchartFri May 2, 5:14PM CDT
Cotton futures were in rally mode on Friday, with contracts up 228 to 275 points and nearing the 3 cent limit. In delivery May (where no limits apply), was up 457 points on the session. The rally back on Friday limited to the weekly losses for July to just 39...
Flooded fields could result in fewer cotton acres
Brownfield Ag NewsFri May 2, 3:48PM CDT
Northeast Arkansas farmer Nathan Reed says waterlogged fields from last month’s floods will encourage some Delta farmers to plant fewer cotton acres this spring. “We’ve got some fields that are still a few weeks off from planting,” he says. “It seems like even the fields that aren’t flooded, we get...
Corn Belt farmers embrace a season without over-the-top dicamba
Brownfield Ag NewsFri May 2, 3:48PM CDT
U.S. soybean and cotton farmers are taking a different approach to weed management as the U.S. EPA reviews three over-the-top dicamba products. Jordan Bredehoft from Lafayette County, Missouri says it’s his first year using Enlist and Liberty to control waterhemp in soybeans. He tells Brownfield he will miss over-the-top dicamba....
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Cotton Futures Buoyant Ahead of Friday Close
BarchartFri May 2, 11:46AM CDT
Cotton prices are extending early Friday morning gains into midday, up 112 to 243 points. Nearby July is the bull leader for the session. Futures closed the Thursday session with contracts 16 to 36 points lower. A strong US jobs number this morning (with unemployment UNCH at 4.2%) is supporting...
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Cotton Bouncing Back on Friday Morning
BarchartFri May 2, 7:31AM CDT
Cotton prices are trading with gains of 66 to 87 points across the front months early on Friday. Futures closed the Thursday session with contracts 16 to 36 points lower. The outside markets were mixed factors, with crude oil futures up $0.77/barrel and the US dollar index $0.715 higher to...
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Cotton Closes Lower on Thursday
BarchartThu May 1, 5:06PM CDT
Cotton futures closed the Thursday session with contracts 16 to 36 points lower. The outside markets were mixed factors, with crude oil futures up $0.77/barrel and the US dollar index $0.715 higher to $100.054. Export Sales data showed upland cotton bookings at 108,363 RB in the week of 4/24, back...
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Cotton Losses Extending to Midday
BarchartThu May 1, 12:24PM CDT
Cotton futures are trading with contracts 45 to 58 points in the red at midday.. The outside markets mixed factors, with crude oil futures up $0.22/barrel and the US dollar index $0.775 higher to $100.045. Export Sales data showed upland cotton bookings at 108,363 RB in the week of 4/24,...
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Cotton Slightly Lower to Start May
BarchartThu May 1, 7:34AM CDT
Cotton price action is steady to 9 points lower across most contracts early on Thursday. Futures closed the Wednesday session with contracts backing off another 47 to 58 points. The outside markets were a pressure factor, with crude oil futures falling $2.23/barrel and the US dollar index up $0.417 to...
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Cotton Slip Lower on Wednesday
BarchartWed Apr 30, 5:17PM CDT
Cotton futures closed the Wednesday session with contracts backing off another 47 to 58 points. The outside markets were a pressure factor, with crude oil futures falling $2.23/barrel and the US dollar index up $0.417 to $99.435. The Tuesday online auction from The Seam showed sales of 854 bales at...
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Cotton Posting Midday Losses
BarchartWed Apr 30, 12:14PM CDT
Cotton futures are up 41 to 85 points so far on Wednesday. The outside markets are a pressure factor, with crude oil futures falling $2.27/barrel and the US dollar index up $0.182 to $99.200. The Tuesday online auction from The Seam showed sales of 854 bales at an average price...
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Cotton Leaking Lower Again on Wednesday Morning
BarchartWed Apr 30, 7:30AM CDT
Cotton prices are down 16 to 37 points early on Wednesday. Futures closed with losses on Tuesday with most contracts down 70 to 106 points. The outside markets were a pressure factor, with crude oil futures back down $1.87/barrel and the US dollar index down $0.211 to $99.000. NASS pegged...
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Cotton Faces Pressure on Tuesday
BarchartTue Apr 29, 5:17PM CDT
Cotton futures closed with losses on Tuesday with most contracts down 70 to 106 points. The outside markets were a pressure factor, with crude oil futures back down $1.87/barrel and the US dollar index down $0.211 to $99.000. NASS pegged the US cotton crop at 15% planted as of 4/27,...
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Cotton Facing Pressure at Midday
BarchartTue Apr 29, 12:27PM CDT
Cotton futures are showing losses across most contracts on Tuesday, with losses of 95 to 130 points. The outside markets are a pressure factor, with crude oil futures back down $1.62/barrel and the US dollar index down $0.131 to $98.920. NASS pegged the US cotton crop at 15% planted as...
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Cotton Falling Lower on Tuesday Morning
BarchartTue Apr 29, 7:31AM CDT
Cotton price action is down 60 to 105 points early on Tuesday. Futures were weaker on Monday, with contracts down 47 to 125 points. The outside markets were mixed, with crude oil futures back down $1.14/barrel and the US dollar index down $0.574 to $98.680. NASS pegged the US cotton...
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Cotton Bulls Give-in on Monday
BarchartMon Apr 28, 4:43PM CDT
Cotton futures were weaker on Monday, with contracts down 47 to 125 points. The outside markets were mixed, with crude oil futures back down $1.14/barrel and the US dollar index down $0.574 to $98.680. NASS pegged the US cotton crop at 15% planted as of 4/27, now 1 percentage point...
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