Category: News

Cotton Marketing News

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April 18, 2024

Things sure have changed quickly. New crop Dec 24 futures broke through “support” at 82 cents and have continued the downfall. Dec 24 has declined over 5 cents in the last 12 trading days–

March 13, 2024

Old crop prices (May and July futures) have lost some luster, but still stand around 95 cents—down from the near $1.00 level of just a couple of weeks ago. So old crop has given back about a nickel since the peak.

March 4, 2024

Both old crop May-24 and new crop Dec-24 futures seem to now be going through a possible correction phase over the past 2 weeks. Movement seems more sideways- in a range between mostly 82 and 85 for new crop and less

January 29, 2024

Prices have finally broken to the upside and now stand within the previous 83-89 cents renge we has for months prior to the most recent setback to mostly 74-82 cents.

Export Report

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January 28, 2021

Net sales for 20/21 crop were up 10% from previous week to 322,700 bales, 22% higher than the 4 week average.  Increases were in Turkey, Vietnam, Pakistan, China, and South Korea.  Exports were down 15% from previous week and 4% from the previous 4 weeks.

January 22, 2021

Export sales of cotton were down 10% from last week and 1% from the four week average.  Exports were up 17% from last week and 18% over the four week average. 

December 17, 2020

Net current crop sales were 428,410 bales. Net current crop PLUS new crop sales were 442,180 bales. Sales continue at a strong pace-up slightly from, last week and 40% above 4-week average.

September 24, 2020

 

Current crop sales were 111,200 bales. Current crop PLUS new crop sales were 161.800 bales.

Sales returned to a more normal, and adequate level. Vietnam was the largest buyer (53,000) with China in second place (45.200). Shipments were up almost 100,000 bales from last week with China accounting for 40%.

Georgia Cotton Commission

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December 31. 2020

Seed coat fragments (SCFs) have been a long-term issue for cotton and outbreaks of SCFs occur sporadically every 3 to 5 years in a region of the U.S. This year the region includes Alabama, Georgia and Florida with the biggest outbreak of SCFs calls in the last 20 years. And it is no coincidence that this is also one of the worst years for tropical storms. SCFs are formed when a part of the cottonseed wall is broken off and that broken wall is often attached to some fibers, making it particularly difficult for the gin and textile mills to remove as all their equipment is designed to keep fibers in the process.

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Weekly Report

Click the link below for the latest version of the national Cotton Council’s Weekly Cotton market Report, providing current information and market news of interest to members of the U.S. cotton industry.