Cotton #2 May '24 (CTK24)
Cotton #2 Futures Market News and Commentary
Cotton futures posted 66 to 114 point gains across the board on Tuesday. The US dollar index was 0.278 higher at $98.185. Crude oil was up another $2.19 to $91.80
NASS Crop Progress data showed 11% of the US cotton crop planted as of April 19, which was 1 percentage point ahead of the 5-year average of 10%. All of the 15 major states reported were at or ahead of average, with exception to LA and VA, with TX matching the normal pace at 16%.
The Seam showed just 64 bales sold on Monday at an average of 65.98 cents/lb. The Cotlook A Index was 175 points higher on 4/20 at 89.10 cents. ICE certified cotton stocks were steady on April 20, with the certified stocks level at 164,967 bales. The Adjusted World Price was up another 287 points on Thursday at 61.61 cents/lb.Â
May 26 Cotton  closed at 78.26, up 66 points,
Jul 26 Cotton  closed at 80.86, up 82 points,
Dec 26 Cotton  closed at 81.79, up 103 points
On the date of publication, Austin Schroe... Read more
Barchart · Tue Apr 21, 5:11PM CDT
Cotton futures posted 66 to 114 point gains across the board on Tuesday. The US dollar index was 0.278 higher at $98.185. Crude oil was up another $2.19...
Barchart · Tue Apr 21, 1:27PM CDT
May NY world sugar #11 (SBK26 ) on Tuesday closed down -0.04 (-0.30%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +4.40 (+1.05%). Sugar prices...
Barchart · Tue Apr 21, 1:25PM CDT
May ICE NY cocoa (CCK26 ) on Tuesday closed down -78 (-2.37%), and May ICE London cocoa #7 (CAK26 ) closed down -51 (-2.06%). Cocoa prices retreated on...
Barchart · Tue Apr 21, 1:23PM CDT
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Barchart · Tue Apr 21, 12:18PM CDT
Cotton futures are trading with contracts another 60 to 85 points higher across the front months on Tuesday. The US dollar index is 0.313 higher at $98.220....
Barchart · Tue Apr 21, 11:26AM CDT
May NY world sugar #11 (SBK26 ) today is up +0.01 (+0.07%), and Aug London ICE white sugar #5 (SWQ26 ) is up +4.90 (+1.17%). Sugar prices are higher today,...
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Warren Buffett is known for favoring durable businesses with strong cash flows, the kind that can sustain and grow dividends over time.
