Cotton Marketing News: Trying to Decipher the Numbers

US cotton growers say they intend to plant 9.56 million acres this year.  We’ve likely all seen or heard the numbers by now so there’s little reason to plow that ground again. Prior to USDA’s Prospective Plantings report yesterday, there were at least two other...

Cotton Marketing News: Prices “Lost in Space”

In the 1960’s, a popular TV show “Lost in Space” chronicled the adventures of the “space family Robinson” whose space ship was thrown off course by a meteor shower. Oddly, one of my favorite characters on the show was the Robot. When there was danger present, the...
Cotton Marketing News:  February Report Not a Valentine

Cotton Marketing News: February Report Not a Valentine

February has thus far been a brutal month for cotton prices. Old crop May16 futures prices have lost 4 cents per pound and new crop Dec16 futures have lost over 3½ cents. This represents a 6% loss in value just within the past 10 days or so. Both old crop and new crop...