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Tag Archives | Cotton

cotton-595

Surge of 21% in US plantings plus China up 5% and India up

With trend following fund traders holding a near record high 108,756 contract net long position, the lowest close since January 30th for May cotton leaves the market vulnerable to see increased long liquidation selling ahead. Follow-through technical buying supported the market early yesterday to a six-session high, but sellers turned active and the market closed […]

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An Initial Look at 2017-18 Crops

The USDA’s Agriculture Outlook Forum this past week presented the first full look at the supply/demand outlooks for the 2017/18 marketing year for corn, soybeans, wheat and cotton. Here are the results of the reports and what they suggest for each market. USDA Outlook Forum: Cotton Cotton futures rallied on Thursday and Friday as the […]

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