by external | Apr 19, 2024
Don Shurley, UGA Professor Emeritus of Cotton Economics Things sure have changed quickly. New crop December 24 futures broke through “support” at 82¢ and have continued the downfall. December 24 has declined over 5¢ in the last 12 trading days—closing down 1.43¢ on...
by external | Apr 5, 2024
Don Shurley, UGA Professor Emeritus of Cotton Economics USDA’s Prospective Plantings report projects that farmers intend to plant 10.67 million acres this year—4.3% more than last year. This is less than expected. Most industry estimates were thinking acreage would...
by external | Mar 15, 2024
Don Shurley, UGA Professor Emeritus of Cotton Economics Old crop prices (May and July futures) have lost some luster but still stand around 95¢—down from the near $1.00 level of just a couple of weeks ago. So, old crop has given back about a nickel since the...
by external | Feb 23, 2024
Don Shurley, UGA Professor Emeritus of Cotton Economics Summary of the presentation provided at the Wiregrass Cotton Expo, February 9, 2024 — Dothan, Alabama Market Update and Outlook Sometimes crop prices can tug on each other’s coat tails. What happens...
by external | Feb 16, 2024
Don Shurley, UGA Professor Emeritus of Cotton Economics Shorter supply but uncertain and inconsistent demand/buying have been the factors driving price so far, this 2023 crop marketing season. Last week’s USDA February supply/demand projections should be favorable...