by Doug Mayo | Feb 19, 2016
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...
by Doug Mayo | Jan 29, 2016
2015 was a very challenging year for Panhandle row crop farmers with the double whammy of low commodity prices and unfavorable weather. As a result, many farmers are uncertain as to what crops to plant for the coming year. The University of Georgia has a nice tool or...
by Doug Mayo | Jan 29, 2016
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...
by Doug Mayo | Jan 15, 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...
by Doug Mayo | Dec 22, 2015
Don Shurley, University of Georgia Cotton Economist Prices. 2015 has certainly been a challenging year. But the marketing year is less than half over and there may yet be better opportunities down the road. Most growers were looking for and holding out for 70 cents on...
by Doug Mayo | Dec 11, 2015
While cotton futures prices are still in the long standing 62 to 67-cent trading range, prices made a nice “recovery” over the past few weeks. Prices (Mar16 futures) have “rallied” from the 60-cent threat back in October, and from just below 62 cents on Nov 23, to...