by Doug Mayo | Jul 29, 2019
Don Shurley, UGA Professor Emeritus of Cotton Economics USDA’s August crop production and supply and demand estimates will be released in a couple of weeks. This will be the first production estimates of the 2019 crop year based on actual producer survey. US Crop The...
by Doug Mayo | Jul 12, 2019
Don Shurley, UGA Professor Emeritus of Cotton Economics Cotton prices have been under attack. The meltdown started on Monday (July 8) and continued on Tuesday—new crop December 2019 futures lost 3 ½ cents over those 2 days. Prices tried to and did recover on...
by Doug Mayo | Jun 21, 2019
Don Shurley, UGA Professor Emeritus of Cotton Economics New crop December futures have rallied from the recent new low below 65 cents. December futures are currently at 66+ and are likely to track in the 65 to 69 cent range in the near term, unless a major unforeseen...
by Doug Mayo | May 24, 2019
New crop December futures had solid support at 72 cents. Having earlier reached the 77-cent area, prices had begun to decline in mid-April but the 72 cent area was expected to hold and provide a safety net for producers looking for prices to eventually rebound and...
by Doug Mayo | Mar 15, 2019
Each year USDA provides a summary of the US cattle inventory at the end of the previous year. Typically this report comes out in January, but due to the government shutdown, this report was delayed until February 28, 2019. The January 1 Cattle Inventory Report...
by Doug Mayo | Mar 15, 2019
Don Shurley, UGA Professor Emeritus of Cotton Economics A week or so ago, as I left early one morning for work, the fog was so bad you literally could not see how to drive. Literally, every foot down the road, at not more than 20 mph, was an unknown and an accident...