September 22, 2025
USDA’s September crop production and supply/demand numbers were mostly “market Neutral”. Here is a summary of some of the major factors.
The projected 2025 US crop was increased just slightly, up 10,000 bales from the August estimates.
August 21. 2025
August crop production and supply demand estimates for the 2025 crop should really have not been a shocker but they apparently were to some, US acreage and estimated production were reduced sharply
July 23, 2025
Prices (Dec. Futures) continue in the mostly 67 to 71 cents range. Thus far, nothing has been able to push prices higher for the past 7 months. We’ve had a few dips below this range, but prices recovered quickly.
July2,2025
Back in March, farmers said they intended to plant 9.87 million acres of cotton this year. If realized, that would be an 11% reduction form last year. Prices have not improved since then and expectations were that acres actually planted would be even lower than the March estimate.
June 17, 2025
This weeks USDA monthly supply/demand estimates for June do not contain enough good news to support higher prices. But also, there is not enough negative news to call for prices to move lower. So, prices (DEc25 futures) are likely to remain mostly in the 67 to 71 cents range
April 2, 2025
Farmers say they intend to plant 9.87 million acres of cotton this year, down 11.8% from last year. This is based on a survey of producers conducted by the USDA during the first 2 weeks of March. These estimates reflect farmer Intentions as of the survey period.
March 3, 2025
US cotton acres planted are expected to drop 14.5% this year according to the national Cotton Council’s survey. If realized, this would be the lowest acreage since 2o15 and the 6th lowest going back all the way to 1975.
January 20, 2025
Old crop futures have shown additional weakness in recent weeks. This is due to a bearish January USDA supply/demand report, sometimes good but too often weak exports, and growing concerns about demand.
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.
