26-July-2024
JULY 26, 2024 December futures sank to their lowest level in over two years. • Price pressure came from all directions this week. A weak technical outlook, speculators retaining a near-record short position, declining outside markets, and talks of a bigger crop caused the significant sell-of
Read More / Download ReportFor Week Ending 18-Jul-2024 Net Upland Sales 2023-24 Net sales reductions of Upland totaling 74,200 RB for 2023/2024--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average.
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Read MorePrice Prospects Become Dimmer – For Now July 19, 2024 USDA’s July crop production and supply/demand estimates were bearish and cast a somewhat dimmer price outlook likely for the near term. Following is a summary of the major changes:
Read More / Download ReportSeesaw Trading Leads the Cotton Market Nowhere July 19, 2024 USDA’s July world supply demand report, released the prior week, made for seesaw trading all week. Prices saw 100 points higher one day, only to slide 100 points the next as the December contract ended the week nearly unchanged.
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