by external | Oct 16, 2020
Don Shurley, UGA Professor Emeritus of Cotton Economics This week, cotton prices inched ever closer to the 68 cents area—breaking above the 65 to 67 cents range that prices have been in for the better part of last month. The move closer to 68 was made on expected...
by external | Aug 28, 2020
Don Shurley, UGA Professor Emeritus of Cotton Economics – December 20 futures knocked on the door of 66 cents (closed at 65.82 cents per lb) on Monday—the highest daily close in 6 months. December futures gained 1.43 cents last week on weather concerns and a...
by external | Aug 14, 2020
Don Shurley, UGA Professor Emeritus of Cotton Economics – This week’s USDA numbers were an unfavorable surprise to the market. Prices fell as a result. Production numbers were based on conditions as of August 1. The numbers do not reflect events, good...
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...