CME Cotton #2 Oct '11 (KGV11)
CME Cotton #2 Futures Market News and Commentary
Cotton futures saw mixed trade on Friday, as contracts were 7 points lower to 10 points higher. May was up 230 points on the week. The US dollar index was $0.104 lower at $98.485. Crude oil was down $2.24 on the day, as risk was taken off the table ahead of the US/Iran talks this weekend.
Managed money was slashing another 10,206 contracts from their net short in cotton futures and options in the week of April 7. That took their near record (in mid-February) net short to just net short 2,020 contracts.
USDA’s Export Sales report now has cotton export commitments at 10.25 million RB, down just 2% from last year. That is 91% of the USDA export forecasts and lags the average of 99%. Shipments are now above last year at this point at 6.403 million RB, which is 57% of USDA’s number and lags the 59% average shipping pace.
The Seam showed 12,229 bales sold on 4/9 at an average of 72.88 cents/lb. The Cotlook A Index was 30 points higher on April 9 at 82.55 cents. ICE certi... Read more
Barchart Fri Apr 10, 5:34PM CDT
Cotton futures saw mixed trade on Friday, as contracts were 7 points lower to 10 points higher. May was up 230 points on the week. The US dollar index...
Barchart Fri Apr 10, 1:33PM CDT
May NY world sugar #11 (SBK26 ) on Friday closed down -0.11 (-1.22%), and May London ICE white sugar #5 (SWK26 ) closed down -1.30 (-0.31%). Sugar prices...
Barchart Fri Apr 10, 1:32PM CDT
May ICE NY cocoa (CCK26 ) on Friday closed up +84 (+2.66%), and May ICE London cocoa #7 (CAK26 ) closed up +56 (+2.37%). Cocoa prices settled higher on...
Barchart Fri Apr 10, 1:30PM CDT
May arabica coffee (KCK26 ) on Friday closed up +6.40 (+2.18%), and May ICE robusta coffee (RMK26 ) closed up +14 (+0.42%). Coffee prices settled higher...
Barchart Fri Apr 10, 12:26PM CDT
Cotton futures are trading with 9 to 15 point losses in the front months on Friday. The US dollar index is $0.079 lower at $98.510. Crude oil is up 50...
Barchart Fri Apr 10, 11:23AM CDT
May NY world sugar #11 (SBK26 ) today is down -0.11 (-0.79%), and May London ICE white sugar #5 (SWK26 ) is down -1.30 (-0.31%). Sugar prices remain weak...
Barchart Sat Apr 11, 5:02AM CDT
PPG Industries is poised to release its first-quarter earnings by the end of this month, and analysts are anticipating a marginal decline in profits.
Barchart Sat Apr 11, 4:58AM CDT
Realty Income is gearing up to report its first-quarter earnings, and analysts are projecting a single-digit increase in FFO.
Barchart Sat Apr 11, 4:55AM CDT
The Coca-Cola Company is set to report its fiscal first-quarter results by the end of this month, and analysts are anticipating a low double-digit growth...
Barchart Sat Apr 11, 4:52AM CDT
The Clorox Company is set to report its third-quarter results shortly, and analysts are forecasting a modest, single-digit increase in earnings.
Barchart Sat Apr 11, 4:46AM CDT
The Williams Companies is all ready to release its FY2026 Q1 earnings shortly, and analysts are expecting its earnings to rise in the single digits.
Barchart Fri Apr 10, 6:00PM CDT
ConocoPhillips and EOG are both winning energy stocks, but one stands out on scale while the other looks cheaper and stronger for income.
Barchart Fri Apr 10, 5:34PM CDT
The wheat complex is showing mixed trade on Friday. Chicago SRW futures were down 3 ½ to 6 cents higher on the Friday session, with May 27 ¼ cents lower...
Barchart Fri Apr 10, 5:34PM CDT
Lean hog futures posted losses of 37 to 60 cent losses in most contracts on Friday, as April was an exception, up a nickel. June was down 75 cents on the...
