NEWS
DTN Closing Cotton Commentary
Darin Newsom DTN Senior Analyst
Thu May 2, 2013 02:40 PM CDT

Early Thursday saw the release of a bullish weekly export sales and shipment report, with sales of 314,000 running bales 32% larger than the previous week up 69% from the prior four-week average. Shipments were also solid at 364,800 running bales. And though these numbers are old, reflecting business as of Thursday, April 25, there might have been some noncommercial buying tied to the report.

The bulk of support came from renewed commercial buying, indicated by action in the futures spreads, following Wednesday's sharp sell-off. This could be implying another bullish weekly export sales and shipment report could be seen ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
(none currently available)