MARKETS 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...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
CME Plans Hog Futures Changes
DTN Before The Bell Grain Comments
Technically Speaking Blog
Gulke: Seasonal Lows
DTN Early Word Opening Livestock
DTN Early Word Grains