Market News
Cotton Falling on Tuesday
BarchartTue Oct 8, 12:11PM CDT
Cotton futures are trading with 64 to 153 point losses on Tuesday. The outside markets are adding some pressure, with the crude oil dropping $4.16/barrel, and the US dollar index slightly lower. August cotton export shipments totaled 684,962 bales, which was a 10-year low for the month. That was down...
Cotton Falling on Tuesday Morning
BarchartTue Oct 8, 7:33AM CDT
Cotton prices are trading with 165 to 172 point losses in the nearbys on Tuesday morning as crude oil is pulling back. Futures ended the Monday session with most contracts up 26 to 38 points. The outside markets were supportive, with the crude oil closing up $2.91/barrel, and the US...
Cotton Posts Gains on Monday
BarchartMon Oct 7, 4:47PM CDT
Cotton futures ended the Monday session with most contracts up 26 to 38 points. The outside markets were supportive, with the crude oil closing up $2.91/barrel, and the US dollar index slipping 15 points lower. The weekly Crop Progress report indicated that 82% of the US cotton crop had bolls...
23% of soybeans, 62% of corn harvested in MO
Brownfield Ag NewsMon Oct 7, 3:58PM CDT
Above average temperatures and below normal rainfall continue push harvest progress in Missouri. USDA says 23% of soybeans have been harvested, in-line with last year’s progress. Corn harvested for grain is 62% complete. Rice harvest is 82% complete and cotton harvest is 20% complete, both ahead of average. Winter wheat...
Cotton Higher So Far on Monday
BarchartMon Oct 7, 12:06PM CDT
Cotton futures are showing 40 to 43 point gains so far on Monday. The outside markets are supportive, with the crude oil trading up $2.73/barrel, and the US dollar index slipping 100 points lower. Commitment of Traders data showed spec funds at a net short of just 12,147 contracts as...
Cotton Pushing Higher on Monday Morning
BarchartMon Oct 7, 7:19AM CDT
Cotton prices are trading with Monday Morning gains of 40 to 50 points. Futures closed the Friday session with contracts up 22 to 54 points across the board. That helped December to close the week with a 55 point gain. Crude oil futures were up $0.83/barrel ahead of the weekend...
Cotton Posts Strength on Friday
BarchartFri Oct 4, 4:48PM CDT
Cotton futures closed the Friday session with contracts up 22 to 54 points across the board. That helped December to close the week with a 55 point gain. Crude oil futures were up $0.83/barrel ahead of the weekend with the world waiting on Israel’s response to Iran’s ballistic missile attack...
Cotton Higher on Friday Despite Stronger Dollar Influence
BarchartFri Oct 4, 12:01PM CDT
Cotton futures are showing 21 to 30 point gains on Friday. Crude oil futures are up $1.25/barrel on the day ahead of the weekend with the world waiting on Israel’s response to Iran’s ballistic missile attack from earlier in the week. That is adding some support, with the dollar index...
Cotton Slightly Higher on Friday Morning
BarchartFri Oct 4, 7:17AM CDT
Cotton prices are up 7 to 14 points so far on Friday morning. Futures closed Thursday 36 to 67 points lower, following a second week of poor export sales data. The dollar index added some pressure, up 285 points. Crude oil futures were up $3.86/barrel on the day on escalating...
Cotton Head Lower with Weak Export Sales Data
BarchartThu Oct 3, 5:04PM CDT
Cotton futures closed Thursday 36 to 67 points lower, following a second week of poor export sales data. The dollar index added some pressure, up 285 points. Crude oil futures were up $3.86/barrel on the day on escalating tensions in the Middle East as the world awaits Israel’s response to...
Cotton Falling with Weak Export Sales Data
BarchartThu Oct 3, 12:09PM CDT
Cotton futures are 85 to 91 points lower at midday, following a second week of poor export sales data. The dollar index is adding some pressure, up 270 points. Crude oil futures are up $3.50/barrel t midday on escalating tensions in the Middle East as the world awaits Israel’s response...
Meat, corn export sales up on week
Brownfield Ag NewsThu Oct 3, 11:10AM CDT
The USDA’s reporting a generally solid week for U.S. export sales. Corn, beef, pork, wheat, sorghum, cotton, rice, and new crop soybean oil sales for the week ending September 26th all saw week-to-week improvements thanks better interest from some key customers. Export demand is driven by several factors, including domestic...
Cotton Falling on Thursday AM
BarchartThu Oct 3, 7:33AM CDT
Cotton prices are slipping lower ahead of the weekly Export Sales release, down 66 to 74 points. Futures ended the Wednesday session with contracts up 6 to 39 points across the board. The dollar index added some pressure, up 459 points. Crude oil futures were up $1.09/barrel. The Seam reported...
Cotton Heads Higher into the Close
BarchartWed Oct 2, 5:10PM CDT
Cotton futures ended the Wednesday session with contracts up 6 to 39 points across the board. The dollar index added some pressure, up 459 points. Crude oil futures were up $1.09/barrel. The Seam reported just 1,240 online cash cotton bale sales on Tuesday, averaging 72.66 cents/lb. ICE cotton stocks were...
Cotton Holding Gains at Midday
BarchartWed Oct 2, 12:04PM CDT
Cotton futures are trading with 24 to 34 point gains so far on Wednesday. The dollar index is adding some pressure, up 409 points. Crude oil futures are up 33 cents/barrel, and backing off the early strength. The monthly Cotton Systems report from USDA showed 1,271 RB consumed domestically in...