LIVESTOCK NEWS
Darin Newsom DTN Senior Analyst
Wed Jun 11, 2014 08:40 AM CDT

Cotton: Seasonably Soft

Comparing this year's cotton market (weekly closes for the nearby futures contract) to its five-year seasonal index shows a correlation of about 64%. This is a relatively strong relationship between the two, particularly given the divergence in the first quarter between the normal peak in late February versus this year's high weekly close in early May.

Since then though the two have been in step. So much so that the rally this week fits in nicely with the slight bump in the index, a move that carries into next week's close before the market starts heading down ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Dread Grows as Harvest Nears
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
Technically Speaking Blog
DTN Before The Bell Grain Comments
Newsom on the Market
DTN Early Word Opening Livestock
DTN Early Word Grains