Tag Archive: News

Cotton Marketing News: Is This the Wake-Up Call We Have Been Expecting?

Many years ago, a young man didn’t take his schooling serious enough and ended up spending some time at lovely Fort Polk, Louisiana.  That young man was me and that was my wake-up call.  It forever changed my life. I believe the cotton market might be getting a wake-up call right now.  We’ve been hinting …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/05/13/cotton-marketing-news-is-this-the-wake-up-call-we-have-been-expecting/

Cotton Marketing News – Higher than Expected Acreage Impacts Prices

Don Shurley, Cotton Economist, UGA Professor Emeritus US cotton producers say they intend to plant 12.23 million acres of cotton this year—up 21.4% from last year.  This number, released March 31, is higher than most pre-report expectations.  The National Cotton Council survey-based estimate back in early February was 11.0 million acres.  USDA-ERS in its Outlook …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/04/08/cotton-marketing-news-higher-than-expected-acreage-impacts-prices/

Cotton Marketing News: New Crop Strength and Outlook

Don Shurley, Cotton Economist, UGA Professor Emeritus Eighty cent fever is running rampant.  New crop December 17 futures have made a great run and the uptrend is strong.  Support seems to be firm.  New crop cotton has gained almost a nickel since the first of the year.  Currently, old crop May 17 futures are at …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/03/17/cotton-marketing-news-new-crop-strength-and-outlook/

Cotton Marketing News: A Lot Going On and a Lot to Digest

Don Shurley, Cotton Economist, UGA Professor Emeritus The 2017 cotton market appears to be on increasingly stable and improved economic footing compared to 2016.  Prices for the 2017 crop (Dec17 futures) have now (this week) edged above 74 cents and the highest level since early August.  Prices are 14 cents per pound higher than last …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/02/18/cotton-marketing-news-a-lot-going-on-and-a-lot-to-digest/

Cotton Marketing News: Improved Market Provides Opportunity

March futures have improved.  January has thus far been a good month.  The big question and the uncertainty is whether or not this will last.  No one can be sure.  So if you’re a producer and have been looking for an opportunity to sell a portion of remaining 2016 crop, January has thus far provided …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/01/20/cotton-marketing-news-improved-market-provides-opportunity/

Cotton Marketing News: December Numbers May Contain Hidden Stocking Stuffers

Don Shurley, Cotton Economist, UGA Professor Emeritus My kids, and now grandkids, seem to enjoy the cheap, unexpected surprises in their Christmas stocking as much as anything.  USDA’s December crop production and supply/demand estimates were as expected, in some respects, but contain a few things that maybe can be viewed as unexpected and positive. Prices …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2016/12/17/cotton-marketing-news-december-numbers-may-contain-hidden-stocking-stuffers/

Cotton Marketing News: 2016 Situation Update and 2017 Crop Outlook

The 2016 US crop may still be somewhat of a question mark but USDA’s November numbers provided clarity on a few things—the crop got smaller in some areas as expected and the crop still got bigger overall. The North Carolina and South Carolina crops were reduced by a total of 95,000 bales.  The Georgia crop …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2016/12/03/cotton-marketing-news-2016-situation-update-and-2017-crop-outlook/

Cotton Marketing News: Prices Showing Stability and Potential

Many producers are probably sitting in fairly good position right now with regard to their cotton marketing and risk management.  Provided they took advantage of the opportunities above 70 cents when the market was there—and I think many did. The question on the mind of most growers is when and if the market will get …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2016/10/22/cotton-marketing-news-prices-showing-stability-and-potential/

Cotton Marketing News: September Numbers Obviously Not What The Market Wanted to See

I’m not 100% sure what the cotton market expected to see in this week’s USDA monthly estimates.  As if anyone ever knows.  Whatever the market was expecting, it didn’t get it; prices reacted accordingly—down. In the short term, markets and price direction are driven by expectations based on the data and information available at the …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2016/09/17/cotton-marketing-news-september-numbers-obviously-not-what-the-market-wanted-to-see/

Cotton Marketing News: Prices Slip

In a recent newsletter, I referred to the sudden increase in cotton prices as “Christmas in July.”  Well, as we all know, the new wears off eventually—even for Christmas gifts.  July was a good month, but so far August has not been. Prices have come under pressure over the past week or so, and have …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2016/08/20/cotton-marketing-news-prices-slip/

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