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...
Cotton Marketing News:  Prices Still Low But Find Stability

Cotton Marketing News: Prices Still Low But Find Stability

Old crop Mar16 futures closed today at 62.45 cents—up 1.04 cents for the week. After recently threatening the 61-cent area and even challenging 60 cents in late September, prices now seem to have found a little support and, dare we say, upward momentum. The decline of...
Cotton Marketing News:  A Look Back at 2015 and Ahead to 2016

Cotton Marketing News: A Look Back at 2015 and Ahead to 2016

The New Year has not started off well for cotton. Old crop March futures currently stand at roughly 62 cents and new crop December futures at roughly 63 cents—both down 2 to 3 cents from the most recent high. On the decline, cotton prices reached the lowest levels...