Cotton Marketing News:  Neutral Market Continues

Cotton Marketing News: Neutral Market Continues

Don Shurley, UGA Professor Emeritus of Cotton Economics – Futures Prices USDA’s Acreage report, the first estimate of actual acres planted, will be out next week on Tuesday, June 30th.  USDA’s Prospective Plantings report back at the end of March said that...
Cotton Market Commentary:  Mid-June Summary

Cotton Market Commentary: Mid-June Summary

Thursday—June 18, 2020 Here’s the situation and the question on everyone’s mind.  It’s now past mid-June.  Typically by this time, the market has presented growers with at least one “decent” opportunity to market/price a portion of the upcoming crop.  Well, I doubt...
Cotton Market Commentary – Prices Reached the 60’s this Week

Cotton Market Commentary – Prices Reached the 60’s this Week

– The cotton market is attempting to venture into territory we’ve not seen in a while—prices with a “6” in the front.  Prices touched the 60’s this week—the highest in almost 3 months.  Staying there is still a question mark, however. Prices (July futures) have...
Cotton Marketing News: Be Hopeful and Patient, but Plan Ahead

Cotton Marketing News: Be Hopeful and Patient, but Plan Ahead

Don Shurley, UGA Professor Emeritus of Cotton Economics – Prices (July futures) continue in a range of 54 to 59 cents.  We’ve seen a decent uptrend since the most recent low of 53½ on May 5, and with a few hiccups, since the low near 48 on April 1. The market...
Cotton Marketing News:  Short-Term Rally Fails To Hold

Cotton Marketing News: Short-Term Rally Fails To Hold

Don Shurley, UGA Professor Emeritus of Cotton Economics Old crop July futures has now lost 3.75 cents since the recent “peak” at over 57 cents on April 30.  New crop December futures has declined 3.5 cents after reaching almost 59 cents on April 30. It now appears we...