Cotton futures were down 22 to 50 points across most contracts on Thursday. The outside markets are a pressure factor, with crude oil down $0.35/barrel and the US dollar index 190 points higher. The Seam reported 2,657 bales of online sales on October 16 at an average price of 69.08...
Cotton futures are down 10 to 20 points across most contracts on Thursday. The outside markets are a pressure factor, with crude oil down $0.13/barrel and the US dollar index 225 points higher. The Seam reported 2,657 bales of online sales on October 16 at an average price of 69.08...
Cotton futures are posting Thursday morning losses of 80 to 95 points so far. They ended the Wednesday session with contracts up 31 to 64 points across the board. The outside markets were mixed, with crude oil up $0.24/barrel and the US dollar index 285 points higher. Tuesday afternoon’s Crop...
Cotton futures ended the Wednesday session with contracts up 31 to 64 points across the board. The outside markets were mixed, with crude oil up $0.24/barrel and the US dollar index 285 points higher. Tuesday afternoon’s Crop Progress report from NASS tallied the US cotton harvest at 34% complete, vs....
An extension economist with the University of Arkansas says tropical storms have affected the quality of cotton in the mid-south. Scott Stiles says only a few thousand bales of good quality cotton had been harvested before Tropical Storm Francine moved through in September. “Based on what we’ve seen so far,...
Cotton prices are trading with gains of 65 to 68 points in the nearbys on Wednesday. The outside markets are pressure factors, with crude oil down $0.16/barrel and the US dollar index 255 points higher. Tuesday afternoon’s Crop Progress report from NASS indicated a total of 88% of the US...
Cotton prices are trading with gains of 50 to 61 points early on Wednesday. Futures closed Tuesday with losses of 40 to 44 points. The outside markets were mixed with the crude oil a pressure factor, down $2.92/barrel and the US dollar index 40 points lower. Tuesday afternoon’s Crop Progress...
Cotton futures closed Tuesday with losses of 40 to 44 points. The outside markets were mixed with the crude oil a pressure factor, down $2.92/barrel and the US dollar index 40 points lower. This afternoon’s Crop Progress report from NASS indicated a total of 88% of the US cotton crop...
An extension economist with the University of Arkansas says demand continues to be a headwind for the U.S. cotton market this year. Scott Stiles tells Brownfield the biggest cotton buyer, China, is expected to purchase less cotton than last year. “Last year, their imports were around 50 million bales and...
A leader with the United Soybean Board recently hosted a group of Nigerian aquaculture feed manufacturers. Philip Good, a soybean, corn, cotton, catfish, and cattle farmer from Macon in east-central Mississippi, says it was an eye-opening experience. “They were able to see all types of things that they’ve never seen...
All of the corn and most of the soybeans have been harvested in Arkansas. USDA reporters says 93% of the soybeans are dropping leaves and 72% of the crop is in the bin. USDA officials say all of the cotton has bolls opening, and 52% of the cotton has now...
Above normal temperatures and below normal rainfall continue to encourage harvest progress across Missouri. USDA says 73% of the state’s corn is harvested, an increase of 11 percentage points from the previous week. Soybean harvest is 41% complete, nearly double the progress from the previous week. Missouri’s cotton harvest is...
Corn harvest is nearly complete in Tennessee. USDA says corn condition is rated 46 percent good to excellent with 88 percent harvested. Cotton in the state has 95 percent of bolls opening with 35 percent harvested. The crop is now rated 41 percent good to excellent. Soybeans are 91 percent...
Cotton futures are trading with Tuesday losses of 23 to 38 points at midday. The outside markets are mixed with the crude oil a pressure factor, down $3.34/barrel and the US dollar index 47 points lower. The Seam reported 862 bales of online sales on October 11 at an average...
Cotton prices are trading on Tuesday morning with losses of 5 to 11 points. Futures closed out the Monday trade with contracts down 101 to 114 points. The outside markets were pressure factors, with the crude oil down $3.70/barrel and the US dollar index 303 points higher. The Seam reported...