New crop cotton prices held the 70-cent line…well almost, slipping as last Friday’s trading session expired leaving the weekly close at 69.87 cents.
Read MoreJoe Nicosia, Head of Cotton at Louis Dreyfus Company and 2024 National Cotton Council Chairman, believes it’s time for the U.S. cotton industry to reset its thinking and approach to trade, marketing, consumer education – practically everything.
Read MoreThe USDA Commodity Credit Corporation has announced the 2025-crop loan rate differentials for upland and extra-long staple cotton.
Read MorePatrick Johnson is well aware of what he’s getting into this year as the newly elected chairman of the National Cotton Council (NCC).
He’s been handed a plate overloaded with farm policy and political issues (including a screaming need for a new farm bill), continued economic distress at the farm level, and market challenges from foreign competitors, export customers, and manmade fibers — just to name a few.
Read MoreSoybean contracts jumped 20 cents in midday trading on Wednesday, April 9th, joining other commodities in a sharp rebound, after President Donald Trump took to social media to again raise tariffs on the biggest buyer of U.S. soybeans- China. New Chinese tariffs (125%), set Wednesday, April 9th, more than double the cost for Chinese buyers to import U.S. soybeans, but that didn't stop soy-bean futures from climbing higher.
Read MoreThe market gave cotton a bit more footing this past week as price activity returned to trading fundamentals as opposed to the news media’s chaotic presentation of tariffs and the resulting Wall Street knee jerk activity.
Read MoreThe U.S. Cotton Trust Protocol is pleased to announce that URBN is the latest global brand to join the program. URBN, with a portfolio of global consumer brands including Urban Outfitters, Anthropologie, Free People, FP Movement, and Nuuly, is reinforcing its commitment to responsible sourcing and cotton production through its membership.
Read MoreIt’s only temporary. The talking heads will go to sleep, and their tariff confusion will disappear sooner than later. Cotton prices at 63 cents are little changed from six weeks ago. Equities, bonds, and most commodities can’t say that. December at 67 cents is moving higher.
Read MoreLouisiana corn producers intend to plant 530,000 acres, up 13 percent from the 470,000 acres planted in 2024. Upland cotton acreage intentions are at 110,000 acres, down 29 percent from the 155,000 acres planted last year. All hay acres expected to be harvested in Louisiana are estimated at 380,000 acres, up 10,000 acres from 2024.
Read MoreCotton growers across the globe are improving in efficiency year-over-year. It’s a win for farm technology, but creates a tough marketplace for the former number one worldwide cotton exporter – the U.S.
Read MoreTime moves on, but old crop cotton prices remain mired in the doldrums of a flat market and will continue to be stuck in those same doldrums for another 8-10 weeks.
Read MoreCotton Grower has been presenting its Cotton Achievement Award since 1970. Listen in as we present our 2024 award to Ted Schneider of Lake Providence, LA.
Read MoreCotton producers in Louisiana may be eligible for Loan Deficiency Payments (LDP) from the U.S. Department of Agriculture (USDA) Farm Service Agency (FSA). LDPs are payments made to producers who, although eligible to obtain a Marketing Assistance Loan, agree to forgo the loan in return for a payment on the eligible commodity. The deadline to apply for an LDP on 2024 crop-year cotton is May 31, 2025.
Read MoreCotton found a rollercoaster ride on the week, slipping down to the 63-cent level that we forecast. But a bit of profit taking on the heels of a solid export sales report saw a triple-digit price increase back to the 65-66 cent prior lows. May fell to a low of 62.54 low at midweek and settled the week at 66.07. The rally then ran into the nine-day moving average in the 65.75 cent area on Thursday and could go no higher.
Read MoreU.S. cotton acres planted are expected to drop 14.5% this year according to the National Cotton Council’s survey. If realized, this would be the lowest acreage since 2015 and the sixth lowest going back all the way to 1975. Yet last week (Feb. 28), cotton prices (nearby old crop May 2025 futures) dropped to 65 cents – the lowest in roughly five years. New crop December 2025 stands at roughly 68 cents.
Read More