Professor, Department of Agricultural Economics, Texas A&M University, and Extension Economist-Cotton Marketing for the Texas A&M AgriLife Extension Service
Global economy concerns and potential impacts span the #cotton supply chain on the farm, in manufacturing, & at retail. Discover more insights & trends: https://t.co/JjkeLW5LxB
@loucottonballs Grazie, Fratello. FWIW, I was basing my Friday comment on the week-over-week change in the supplemental report (i.e., futures-options combined, specifically the long and short non-commercial positions. Dearly hoping that I crunched those numbers correctly for last week).
For the second month in a row, there are no changes to USDA's U.S. #cotton balance sheet. Not altogether surprising. Expect minor reconciliation between ginning, classing, and 2025 production forecast in the May WASDE. https://t.co/HZIyYoLP0G
USDA NASS Prospective Plantings show U.S. all cotton plantings a little higher than expected at 9.64 million acres. Assuming this and fixing all the rest of USDA Outlook Forum balance sheet adds 350,000 bales to new crop ending stocks. https://t.co/PvOnWC8Z0b
ICE #cotton rising, Dec'26 to contract highs, on some cotton-specific factors (e.g., MY-high export shipments), net supportive spec positioning (maybe anticipating Prospective Plantings), and geopolitical influences on commodity markets https://t.co/sqfAPwr2qZ
Congratulations to the best #cotton market data manager on the planet, on her retirement after 47 years of service to Extension Ag Economics in Texas. We'll miss you, Caroline. https://t.co/12l5djEweZ