Cotton Easing Lower on Thursday

Cotton ending stocks up, rice carryout down - Brownfield Ag News

The USDA has increased its new crop domestic cotton ending stocks projection while decreasing the outlook for rice. The new crop cotton carryout is now seen at 4.6 million bales, up 300,000 from June with lower beginning stocks more than canceled out by higher production. That larger production guess, up 600,000 bales to 14.6 million, […] The post Cotton ending stocks up, rice carryout down appeared first on Brownfield Ag News.

Mixed feelings over cotton market start

There are mixed feelings among stakeholders in the cotton industry over the start of this year’s selling season. Farmers have lamented delayed payments under the newly introduced digital system. It…

Cotton Easing Lower on Thursday

Cotton futures are trading with 12 to 25 point losses on the Thursday session. Crude oil is down $1.68 cents/barrel at $66.70, with the US dollar index $0.171 lower to $97.370. USDA Export Sales data showed 75,089 RB of old crop cotton bookings in the week ending on July 3....