November 10. 2023
A friend posted yesterday on Facebook about the horrendous decline in cotton prices to 75 cents. Here was my posted response: “When it gets bad and drops like this, it’s usually because the market is afraid and over correcting. Yes, it hurts.
Prices (Dec futures) have taken a tumble in the past two weeks. The attempts at 89 to 90 cents have been met with pressures to move lower. Not all hope is lost, but for the growe-depending on how much you already have priced
Auguat 16, 2023
I’ve heard growers comment that “cotton should be $1.50”. I doubt we’ll get there but we can always hope. Cotton has made a good little run since the end of June—making it to the 88 cents neihborhood twice.
July 26, 2023
Prices (Dec 23 futures) have made a nice run and currently stand just over 85 cents. This is the highest level since early March. Price has improved for 3 consecutive weeks-increasing 3.26 cents last week and 4.9 cents thus far for the month of July.
July 10, 2023
Georgia Clean Day Event
Statewide, one-day pesticide waste clean-up event.
Resheduled for new date! Pre-registration required.
Acceptable Materials: Insecticides, Growth Regulators, Fungicides, Harvest Aid Chemicals, Herbicicdes, Miscellaneous pesticides.
Excluded Materials: Compressed gases, solvents, paints, antifreeze, motor oil, explosive materials, fertilizers or nutrients that are neither hazardous or do not contain pesticides.
July 7, 2023
Prices reached a new recent low of 77 cents–losing a little over 3 cents in 3 days. The new low was the lowest since mid-December.
June 12, 2023
December futures has declined to the 79 cents area 3 times on the past several months beginning back in March. It’s worrisome when this happens but each time prices have recovered.
April 4, 2023
In my last remarks in this space (on March 14), I mentioned that prices are still “ln neutral” and had not moved lower. As is my luck, prices then proceded to mpove lower– dropping 4 cents over the next 10 days
March 15, 2023
The market has had a lot of new data and information to digest and react to in recent weeks. Some but relatively little seems good for prices. Nevertheless, prices show the ability to recover and remain mostly in the low to mid-80’s
Feb. 13, 2023
Old crop March futures remaim in the now 3-month old range of mostly 80 to 83 cents. Prices recently seem to have “settled: or “diverged” to 85 to 86 cents. Such a faily long standing parallel movement
Jan. 16, 2023
Old crop march furures are currently in the neighborhood of 82 cents and continue in a pretty much sideways pattern mostly between 80 and 86 cents. The more optimistic upside appears to be at 90 cents.