『Cotton Cents: Your Daily Dose of Fiber Finance』のカバーアート

Cotton Cents: Your Daily Dose of Fiber Finance

Cotton Cents: Your Daily Dose of Fiber Finance

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This is your Daily Cotton Price Tracker with Vanessa Clark podcast.

Welcome back to the Daily Cotton Price Tracker, I am Vanessa Clark, and today we are talking about what is happening right now in the cotton market and what it means for you as a grower, merchant, or textile buyer.

Let us start with the numbers. According to Farm Progress, nearby CME Cotton Number 2 futures are trading in the upper sixty cent range per pound, with the October twenty twenty five contract last quoted around sixty seven cents and the December twenty twenty five contract around sixty eight cents. MacroMicro, which tracks ICE Cotton Number 2 futures, shows the front month cotton futures price in the mid sixty cent area today.

TradingView, using Barchart data, reports that cotton prices were rallying early on Monday, up about forty five to fifty points, which means roughly about half a cent higher than Friday’s close. A weekly futures summary from ADM Investor Services notes that March cotton was higher early Monday and pushing toward the upper end of last week’s trading range, helped by expectations for a solid United States export sales report.

So what does all this mean for you

If you are a cotton farmer, a mid sixty to upper sixty cent futures market is still tight for margins, so this is a good time to sharpen your cost of production numbers. Know your breakeven, and talk with your merchandiser about scaling in small hedges or sales on rallies instead of waiting for the perfect price that may never come.

If you are a cotton buyer or in the textile business, current cotton prices in the mid sixty cent range offer a window to lock in some of your twenty twenty six needs before any surprise weather issues, export strength, or currency moves push prices higher. Consider staggering your coverage instead of buying all at once, so you can average your cotton cost over time.

For anyone simply tracking daily cotton prices, here are a few keywords to keep an eye on when you search the news each morning: ICE Cotton Number 2 futures, CME Cotton futures, United States export sales, world cotton demand, and dollar index. Those factors, along with weather in key producing regions, drive short term moves in the daily cotton price.

That is it for today’s Daily Cotton Price Tracker with me, Vanessa Clark. Thanks for listening, be sure to subscribe, share this with a friend who follows cotton prices, and tune in next time for another daily update on the cotton market.

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This content was created in partnership and with the help of Artificial Intelligence AI
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