by external | Jul 31, 2020
Don Shurley, UGA Professor Emeritus of Cotton Economics New crop December futures made its run to near 65 cents a couple of weeks ago. That rally was fueled by US crop conditions/concerns and strong export shipments. Price has since trended down—hammered by 2...
by external | Jul 17, 2020
Don Shurley, UGA Professor Emeritus of Cotton Economics – USDA’s June 30 Acreage Report said US cotton growers planted 12.185 million acres this year. Using that planted acreage and assuming average yield and abandonment for the past 10 years, last week’s Crop...
by external | Jun 26, 2020
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...
by external | Jun 19, 2020
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...
by external | Jun 15, 2020
Don Shurley, UGA Professor Emeritus of Cotton Economics The remaining outlook for old crop, and near term outlook for new crop got dimmer this week with release of USDA’s supply/demand numbers/projections on Thursday, June 11. We’ve still got a long way to go with...
by external | Jun 5, 2020
– 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...