Same song, tenth verse. First notice day is around the corner, and the expiring futures contract, now the March contract, is moving to new lows, a trend the market has witnessed for over a year
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Friday, U.S. Environmental Protection Agency (EPA) established the strongest protections in agency history for over-the-top (OTT) dicamba application on dicamba-tolerant cotton and soybean crops. This decision responds directly to the strong advocacy of America's cotton and soybean farmers, particularly growers across the Cotton Belt, who have been clear and consistent about the critical challenges they face without access to this tool for controlling resistant weeds in their growing crops
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It is never too early to develop a marketing plan for the next crop year.
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Today, the U.S. Cotton Trust Protocol announced the appointment of Marjory Walker and Liz Hershfield as Co-Directors, serving on the Executive Leadership Team. Together, they will accelerate the program’s growth by advancing market adoption, developing new market-driven offerings, and fostering greater collaboration across the entire cotton value chain.
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In 2026, cotton farmers can expect commercial availability of 13 new varieties. Here is the annual roundup of the newest varieties for farmers across the Cotton Belt.
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After a late arrival in 2025, this pest is expected to hit earlier and harder next season. Here’s how to get ready.
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Some, smarter than me, would say December’s nickel premium to March was justified based on carrying charges. While I fully understand that logical and historical point, I tend to think the current 450-point premium December has over March is simply the market’s expression of uncertainty relative to the size of the 2026 crop.
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Just as the cotton market has remained stagnant and subdued throughout 2025, so too has enthusiasm for planting the crop as the nation’s producers look ahead to 2026.
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The market settled 126 points higher on the week at 68.68 cents, basis the December 2025 ICE contract. The market pushed above 69 cents several times during the week’s trading but was unable to hold that level at the close of the week’s trading.
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The latest U.S. Department of Agriculture (USDA) cotton projections for 2025/26 (August–July) indicate that global ending stocks are forecast to rise 1.4million bales (2 percent)from the previous year to 76.0million bales.
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Portuguese cotton often uses imported American cotton fiber.
Farmers want domestic processing for higher profit margins.
Bridge payments highlight need for supply chain independence
David Dunlow has grown cotton for 40 years, and he wants to continue.
Dunlow farms with his son, William, in Northampton County, N.C. The current economic outlook for cotton, he said, is the worst he has experienced. First thing the industry needs is legislation to stop its fiscal bleeding.
The cotton industry is responding and working to improve that grim outlook through several projects, initiatives and with legislation.
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The National Cotton Council recently launched an innovative campaign called Plant Not Plastic aimed at addressing the growing concerns surrounding microplastics and their impact on human health and the environment.
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The nearby March contract, as expected, closed the week in search of the expiring December contract’s 62-64 cent level. The contract made its first weekly close below 64 cents, closing at 63.91 cents. It fell below the 10-day trading range, losing 78 points on the week.
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Cotton continues to get hammered. Or call it by any name you wish. The impact of the government shutdown continues, as now in the third week of November, USDA finally released its export report for mid-October. They will catch up, but very slowly. Nevertheless, the reports are revealing nothing that the market had not previously told us—very little export demand even at fire sale prices. There will be no surprises in the historical data.
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