by external | May 21, 2021
– New crop December futures had a miserable week. Texas got rain and that’s good, but the market took a toll on the grower because of it. December futures lost 567 points for the week—closing at 81.22 cents—the lowest in a month. This wipes out about half of...
by external | May 7, 2021
Don Shurley, UGA Professor Emeritus of Cotton Economics The market (new crop December futures) seems to be working its way in to a “comfort zone” of mostly 81 to 87 cents. Ahead of USDA’s May supply/demand numbers on the 12th, and the first estimate of actual acres...
by external | Apr 16, 2021
Don Shurley, UGA Professor Emeritus of Cotton Economics From the peak near 88 cents in late February, to the decline to near 76 cents in late March, cotton prices (new crop December futures) are trying to mount a comeback. Since the latest low, we’ve had 9 up days...
by external | Apr 9, 2021
Agriculture Secretary Tom Vilsack announced on March 24, 2021 that USDA is establishing new programs and efforts to bring financial assistance to farmers, ranchers and producers who felt the impact of COVID-19 market disruptions. The new initiative—USDA Pandemic...
by external | Apr 9, 2021
Don Shurley, UGA Professor Emeritus of Cotton Economics – The hopeful return to the upper 80’s has stalled. The market (new crop December futures) was in a downtrend for the month of March, and April isn’t starting out any better. There’s no reason to panic – we...
by external | Mar 29, 2021
Don Shurley, UGA Professor Emeritus of Cotton Economics – The economic and market fundamentals have not changed all that much, if any. Yet, cotton is now struggling to maneuver its way back to 80 cents. Since the peak at near 88 cents a little over a month ago,...
