Market News
Cotton Heads Lower on Thursday
BarchartThu Apr 18, 4:44PM CDT
The cotton market posted 7 to 113 point losses on Thursday. The death spiral liquidation continues for May, down 146 points, as longs get out before deliveries, with rest of the contracts following along. The US dollar index was up 226 points on the day, with crude oil back up...
Cotton Continue Collapse at Midday
BarchartThu Apr 18, 11:55AM CDT
The cotton market is down 59 to 168 points across most contracts on Thursday. The death spiral liquidation continues for May, as longs get out before deliveries, with rest of the contracts following along. The US dollar index is up 141 points at midday, with crude oil back up 141...
Cotton Continue Weakness on Thursday Morning
BarchartThu Apr 18, 7:29AM CDT
Overnight trade has cotton futures down another 36to 79 points. Wednesday trade in the cotton market had futures continuing the slide, with losses of 30 to 173 points, left by the nearbys. Pressure was coming from the crude oil side of things, with futures down $2.50. The US dollar index...
Cotton Extends Slide on Wednesday to Near Fall Lows
BarchartWed Apr 17, 4:51PM CDT
Wednesday trade in the cotton market had futures continuing the slide, with losses of 30 to 173 points, left by the nearbys. Pressure was coming from the crude oil side of things, with futures down $2.50. The US dollar index was also lower, down 295 points. ICE certified cotton stocks...
Cotton Falling at Midday
BarchartWed Apr 17, 11:59AM CDT
Midday action in the cotton market is showing losses of 48 to 198 points so far on Wednesday, as the trend remains lower. Pressure is being felt from the crude oil side of things, with futures down $2.79 at midday. ICE certified cotton stocks were up another 2,269 bales on...
Cotton Continuing Descent into Wednesday
BarchartWed Apr 17, 7:28AM CDT
Cotton futures are down 36 to 89 points following overnight action. The closing bell in the cotton market had futures down 51 to 251 points. The outside market had little impact, as WTI crude oil was up 17 cents, with the US dollar index up 187 points. Cotton planting in...
Cotton Resumes Collapse on Tuesday
BarchartTue Apr 16, 4:39PM CDT
The closing bell in the cotton market had futures down 51 to 251 points. The outside market had little impact, as WTI crude oil was up 17 cents, with the US dollar index up 187 points. Cotton planting in the two major cotton growing states is off to a slightly...
Cotton Posting Turnaround Tuesday Losses
BarchartTue Apr 16, 11:57AM CDT
Midday cotton action has prices back in free fall mode, as contracts are down 154 to 270 points on Tuesday. Cotton planting across the US has now been reported at 8% complete according to NASS, even with the average pace in the last 5 years. That was also 1% ahead...
Cotton Posting Turnaround Tuesday Weakness to Start
BarchartTue Apr 16, 7:28AM CDT
Cotton futures are trading 59 to 78 points lower so far this morning. Prices saw some strength on Monday, with futures up 16 to 62 points. Crude oil closed with just a 3 cent gain, as Israel signaled possible retaliation over the weekend’s strike from Iran. The US dollar index...
Cotton Bounces on Monday
BarchartMon Apr 15, 5:02PM CDT
Cotton futures saw some strength on Monday, with futures up 16 to 62 points. Crude oil closed with just a 3 cent gain, as Israel signaled possible retaliation over the weekend’s strike from Iran. The US dollar index was up 168 points. Cotton planting across the US has now been...
A quarter of Missouri’s corn is planted
Brownfield Ag NewsMon Apr 15, 3:52PM CDT
Missouri farmers are continuing to make progress with planting. USDA reporters say as of Sunday, 26% of the state’s corn is now planted and 1% has already emerged. Eight percent of the soybeans, 35% of the rice, and 2% of the cotton is planted in Missouri. Soybeans and rice are...
Cotton Rallying to Begin the Week
BarchartMon Apr 15, 11:54AM CDT
Cotton futures are recovering from last week’s continued drop, as contract are up 43 to 98 points on the day so far. That is in spite of crude oil down $1.12 and a slightly stronger US dollar index. Friday afternoon’s Commitment of Traders report showed spec fund longs with a...
Cotton Starting the Week with Early Morning Rally
BarchartMon Apr 15, 7:08AM CDT
Cotton is trading 83 to 131 points higher following overnight action. Futures were down 17 to 75 points in most contracts on Friday’s close. Crude oil backed off the early strength to close with gains of just 44 cents. Oil had a muted reaction to rising Middle East tensions over...
Cotton Slips Lower into Friday Close
BarchartFri Apr 12, 4:57PM CDT
Cotton futures were down 17 to 75 points in most contracts on Friday’s close. Crude oil backed off the early strength to close with gains of just 44 cents. The US dollar index was up 756 points on the day. The Cotton On-Call report from CFTC showed unfixed call sales...
Cotton Continues Slide on Friday
BarchartFri Apr 12, 12:02PM CDT
Cotton futures are down 37 to 75 points so far at Friday’s midday. Early Crude oil strength provided some support, but they have since backed off to just 95 cents a barrel higher on the day. Premium is being added into the market with risks of a Middle East conflict...