Last week cotton merchants needed to ship for the balance of the 2022/23 season an avg of 348K bales per week to meet the USDA USA export target. That number just jumped to 442,415 running bales or 460,849 statistical bales in the remaining 1 4/7 weeks. ⛴️⌛️Time is nearly up.
The No. 1 question farmers are asking Paul Schadegg today is whether land values have finally hit a plateau after their long, multi-year run of growth.
Click here to read more from AgWeb at the link below. https://t.co/Qs27cbZaSu
Live images from our Gokwe Ginnery. Ginning of seed #cotton has commenced. Our ginneries have a capacity to process seed #cotton on average upto :
➡️70 tonnes of seed cotton per Shift.
➡️200 tonnes per day .
#Going4Growth#TransformingCommunities@basera_john
Warning!
Side marketing is a criminal offense. Do not be caught on the wrong side. We encourage all our farmers to deliver seed cotton to our common buying points and depots.
#Going4growth#TransformingCommunities
Avg price for cotton futures back to 2007 is 80.11. CTZ3 is 81.80... The market is where it typically is and the physical market is functioning again. This is a good thing for us all.
@jockwin44@billcrowder13 Oh yeah...1 more .. cotton has gained on poly the move down, this should be something you track for consumption trends since you are a crop consiltant. He's not wrong and Vietnam and China cotton consumption has outpaced poly for the first time since 2019.
#Vietnam has now become the major importer of Australian #cotton due to the #TradeTensions between #Australia and #China.
Delve deeper into this export shift 👇
https://t.co/7ttktTk2jo
This shift will remove a significant export barrier for United States cotton to Bangladesh, as well as saving Bangladeshi mills time and money as they look to the U.S. to fill their cotton fiber import needs.
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#HighPlainsJournal#HPJ#cotton https://t.co/qHowHUzLTf
of growing cotton in India is less than what it is in Pakistan. Thus the the Indian cotton remains cheaper than the Pakistani cotton enticing Pakistani textile mill owners to import Indian cotton and forcing the Pakistani farmers not to grow cotton. Price-wise, Pakistani…