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:
