The U.S. Cotton Trust Protocol (Trust Protocol) offers unrivaled transparency and visibility of cotton through the supply chain, backed by an unparalleled level of independently verified data from our grower members.
The Trust Protocol has made significant strides in its first year. We have established a new system for sustainably grown cotton from scratch. One that now counts over 560 organizations across the supply chain as members.
Read MoreThe preliminary results have been formulated by the LSU AgCenter on the various cotton varieties planted across Louisiana this past growing season.
Read MoreThe cotton market ignored the notions of seasonals, deliveries and holidays to close markedly higher Friday. Traders thought there was an element of Chinese buying in the mix. Thus, the ICE futures posted their fifth consecutive week of higher closings. Supposedly cotton prices in China are higher and that is causing textile mills there as well as the U.S. managed-money funds to increase their buying. However, some traders feel there still will be some sort of seasonal correction next week.
Read MoreBoth the A-Index and New York futures prices have experienced exuberant rallies in recent months, reaching levels well above $1.00 per pound. From the time of USDA’s first forecast for MY 2021/22 in February 2021 through September, the A-Index surged roughly 15 cents from the mid 80-cent range, coinciding with a tightening of world stocks in USDA’s projected balance sheet.
Read MoreThe American Farm Bureau Foundation for Agriculture is expanding the lineup of popular educational games on its My American Farm platform with a new game that introduces players to how cotton is planted, grown, cared for, harvested and turned into clothes.
Read MoreCotton prices found a favorable move in front of the USDA November supply demand report and maintained that momentum despite a neutral report. The market continues to be dominated by the bullish cotton on-call sales position. Too, with just six trading sessions before first notice day (FND), the certainty of a squeeze on the December contract adds to the bullish short-term outlook.
Read MoreSan Antonio, Texas, is the destination city for the Beltwide Cotton Conferences Jan. 4-6, 2022. The Cotton Consultants’ Conference will be held Tuesday, Jan. 4, noon-6 p.m., for all registered attendees.
The consultants’ meeting will provide technical pest management and production-related updates from industry experts.
Read MoreThis month’s 2021/22 U.S. cotton estimates are largely unchanged from October. The U.S. production forecast is slightly higher, at 18.2 million bales, while domestic mill use and exports are unchanged. U.S. ending stocks are 200,000 bales higher at 3.4 million—19 percent of use—and 250,000 above the previous year.
Read MoreAlan Lowman picked up the smart tablet, made a few swipes on the screen. The map popped up. There was one just up the road that would be good to go check.
Just outside the southwest Georgia cotton field, the yellowish-green cone sat atop the fiberglass stake about three feet off the ground. "Stand back," Lowman said.
Read MoreLouisiana cotton producers only planted just over one hundred thousand acres this just completed growing season. At one time, Louisiana had over a million acres of white gold.
But a lot of those acres were switched to corn since it was cheaper to grow and prices were higher. But that’s not the case anymore with December cotton selling for well over a dollar a pound and December ‘22 cotton staying above 90 cents a pound.
Read MoreCotton prices found a new life of contract high early in the week, traded to a high of 119.47, and spent the remainder of the period attempting, somewhat successfully, establishing the 117-cent mark as a new price support level. Yet, it does not appear that such a support level has been clearly established. Thus, trading back down to 115-cents can still be expected. The climb above 119 cents has set the market’s sights on 125 cents and the 125-135 cent range.
Read MoreSomeone strapped a big blue ribbon to a boll weevil trap, maybe to celebrate the Boll Weevil Eradication Program, but more likely someone saw the boll weevil trap as a good spot to proclaim the birth of a healthy baby boy. Either way, it was creative.
Read MoreFarmers are a pickin’ and a grinnin’ this cotton harvest with the prospect of strong yields and record-high prices.
2021 will be a memorable year for most cotton producers pertaining to profit and productivity potential despite a challenging growing season for many. Commodity analysts say growing cotton in 2022 will likely be financially rewarding, as well, though rising input costs could minimize earning power
Read MoreAs the month of October fades and November commences, traders are beginning to think about December’s deliveries. Spot December’s FND falls on Nov. 24, and currently there seems to be about 26,000 bales of stocks. With the 2021 crop so late and strong demand, it would appear there could be a further ramping up of price. Thus, the Dec/March spread has widened to some 300 December over.
Read MoreThere was a lot of movement in the market last week, only to end up right back where it started. After a week of ups and downs, the December contract settled at 108.26 on Friday while March 22 closed at 106.19, up two cents from its previous close but well within its 104- 113 cent trading range.
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