Cotton-charts up
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Started by metmike - June 22, 2018, 11:42 a.m.

Cotton prices often follow crude prices on days with sharp rallies......metmike


DTN Cotton : Ticks in Green in Early Going

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December still positioned for its second straight weekly loss. Oil prices jumped. Growers sold 742 bales for an average of 62.74 cents per pound on The Seam.i

Cotton futures ticked in the green in early dealings Friday after steep losses earlier this week, with December still positioned for its second straight weekly decline.

December gained 48 points to 84.77 cents, trading within a 65-point range between 84.20 and 84.85 cents on a contract volume of 2,829 lots. It closed last Friday at 89.85 cents. July rose 59 points to 83.80 cents, trading within a 75-point range between 83.10 and 83.85 cents on a turnover of 549 lots. Its first notice day is Monday.

In ICE cotton futures Thursday, December inched ahead for a second day after three sessions of heavy losses, trading inside the prior-day range. The other contracts settled flat to down fractionally.

The July-December straddle traded between 75 and 142 points carry and widened 11 points to settle at a 108-point December premium on 2,378 lots. December-March traded between an inverted 19 and 38 points and widened 14 points to close at a 33-point December premium on 1,764 lots.

Cash online sales of 742 bales on the grower-to-business exchange and 1,274 bales on the business-to-business platform brought averages of 62.74 and 59.64 cents per pound, respectively, on The Seam. Staples 35 or more accounted for 681 bales or 92% of the grower sales and 1,023 bales or 80% of the business sales. All the cotton was from the Southwest. Offerings were 26,279 bales.

The Cotlook A Index of 2017-18 world values gained 40 points to 93.40 cents, widening the premium over the prior-day July futures settlement 51 points to 10.19 cents.


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Re: Cotton
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By metmike - June 22, 2018, 11:44 a.m.
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Key cotton growing areas:

Upland Cotton: Harvested Acreage by County

Re: Re: Cotton
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By metmike - June 22, 2018, 11:46 a.m.
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By metmike - June 22, 2018, 11:48 a.m.
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Latest drought monitor.......actually improved a bit in W.TX/Panhandle.

                                  

Drought Monitor for conus

By metmike - June 22, 2018, 11:59 a.m.
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Cotton price charts

                

3 months below

                   



1 year cotton below                

                   


5 years cotton below

                   

10 years cotton below