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Mid-Valley Cotton Growers, Inc. Announcements
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Market Snapshot
Quotes are delayed, as of April 12, 2021, 01:33:34 AM CDT or prior.
Cotton USDA Newswire
More news... National Newswire
More news... |
Local Weather
Tulare, California (93275)
Forecast
© 2021 Freese-Notis Weather Today's Cotton Commentary
Cotton Trades in Red -
Midday cotton trading has futures 25 to 43 points lower in classic Turnaround Tuesday fashion after the big gains on Monday. The weekly NASS Crop Cotton Fading Big Monday Rally -After the triple digit gains on Monday, overnight cotton trade was 15 to 28 lower to set up a possible Turnaround Tuesday fade. The weekly NASS Crop Cotton Triple Digits Stronger -More positive vaccine news (Moderna) left equities and cotton futures in the black on Monday. Cotton closed the first trading day of the week 111 to Cotton Rallying Triple Digits -Monday cotton trading is pushing futures 142 to 145 points higher at midday. The dollar is weaker so far, down against the yuan and yen and firm Cotton Futures Up 61 to 75 Points This Morning -Overnight cotton trading has futures 61 to 75 points higher than Friday’s close. On Friday prices were 2 to 46 points lower. USDA’s Export Sales Full commentary... |
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Commentary
Wheat Gains Double Digits on Friday -
At the closing bell on Friday, wheat futures were still up by double digits. CBT futures closed 8 3/4 to 10 cents higher, which for May completed a Cattle Give Back Triple Digits on Friday -Live cattle futures closed the Friday session with losses of $0.72 to $2.45, with April the firmest and June the weakest. Through the week, the Soy Close Lower for Weekend -At the close for Friday, soybean futures were 8 1/4 to 12 1/4 cents in the red. For May, that finished the week as a 7 cent pull back. The fresh Hogs Close Mixed Mostly Higher -At the close for the last trade day of the week, April and July hogs were UNCH and August contracts were down by 37 cents. The other front months Cotton Closes off Highs Still in Black -Afternoon trading on Friday pulled the front month cotton futures back from the highs, but futures were still higher on the day. Old crop prices Corn Closes Firm after New Highs -Following the report, old crop corn futures posted new highs, which for May was $5.95/bu, but prices were just fractionally higher to 2 1/2 cents in Full commentary...Mobile Market Alerts
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