The Latest from Southwest Farm Press
National Cotton Council economists say a tight overall cotton supply/demand situation coupled with continued pressure from competing crops for the coming year is consistent with cotton prices above historical norms.National Cotton Council economists say increased import demand will create a positive environment for U.S. cotton exports, which are forecast at 15.6 million bales.U.S. stocks will fall to as low as 2.3 million bales, leaving the U.S. virtually sold out of cotton for the remainder of the current marketing year.
Contract | Last | Change | High | Low | Open | Last Trade |
---|---|---|---|---|---|---|
Jul 24 Corn | 453.5 | +1 | 455.5 | 452.25 | 452.75 | 05:20 AM |
Jul 24 Oats | 366.5 | +1.5 | 367.5 | 365 | 367.25 | 04:13 AM |
Jun 24 Class III Milk | 21.46 | unch — | 21.46 | 21.44 | 21.44 | 02:42 AM |
Jul 24 Soybean | 1224.25 | -3.75 | 1230.5 | 1224 | 1227.25 | 05:23 AM |
Aug 24 Feeder Cattle | 259.85 | +2.5 | 260.125 | 257.175 | 257.775 | 06:04 PM |
Jun 24 Ethanol Futures | 2.161 | unch — | 2.161 | 2.161 | 2.161 | 10:24 PM |
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