ICE May cotton futures started the week with a bang, but ended with a fizzle. Still, May was a 56 point winner on the week while Dec futures picked up 45.
For this week…
Archive for March, 2016
March 27, 2016
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Sunday, March 27, 2016 – Weekly Cotton and Grain Market Report and Forecast
By admin in Weekly Reports
March 26, 2016
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Saturday, March 26, 2016 – Daily Corn, Soybean and Wheat Market Briefs and Forecast
By admin in Daily Reports
March 26, 2016
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Friday, March 25, 2016 – ICE Cotton Futures Post Modest Weekly Gains Ahead of Index Rolling, Acreage Report
By admin in Daily Reports
March 25, 2016
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Friday, March 25, 2016 – Weekly Complimentary Cotton Market Report
By admin in Weekly ReportsICE May cotton futures started the week with a bang, but ended with a fizzle. Still, May was a 56 point winner on the week while Dec futures picked up 45 on the week.
For next week…
March 24, 2016
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Thursday, March 24, 2016 – Weekly US Cotton Export Results and Commentary
By admin in UncategorizedTotal net export sales for the week ending Mar 17 were surprisingly slow Vs the previous sales period at only 92.9K running bales; shipments were higher at 222K running bales. Both net sales and shipments were below the weekly pace required to meet the USDA’s export projection. The US is now approximately 81% and 48% committed and shipped, respectively, Vs the USDA’s 9.5M bale export target. Sales cancelations were just below 15K running bales. Total net sales and shipments will need to average around 93K and 236K running bales, respectively, per week for the remainder of the current marketing year in order to meet the USDA’s target. Export sales against the 2016/17 marketing year were reported at approximately 52K running bales.
The data released today are surprisingly bearish.
