Category: News

Cotton Marketing News

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December 16, 2024

Prices continue to struggle. Every attempt to gain some ground is met with headwind or negative news/forces leading prices to retreat. There are two “fences” in this market– one at 72 to 73 cents

 

November 27. 2024

Cotton prices  (Mar24 futures) have made a little bounce lately and are trying to muster an upward trek. Even so, there will likely be resistance at the 72 to 25 cents. Still below the cost of production.

October 16, 2024

Cotton prices ( Dec 24 futures) continue to struggle. Prices improved from lows in the 67 to 70 cents area but have trended down since recovering to 74 cents. These prices are unprofitable and unsustainable.

August 22, 2024

 

Over the past 3 months, prices have made 4 consecutive lower lows—rallies followed by a subsequent decline to lower than where the market was before the rally. This week, prices pushed and actually finished the day on Wednesday abive 70 cents.

July 18, 2024

 

USDA’s July crop production and supply/demand estimates were bearish and cast a somewhat dimmer price outlook likely for the near term. The following is a summary of the major changes:

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.