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Mid-Valley Cotton Growers, Inc. Announcements
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Market Snapshot
Quotes are delayed, as of August 03, 2021, 08:08:13 AM CDT or prior.
Cotton USDA Newswire
National Newswire
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Local Weather
Tulare, California (93275)
Forecast
© 2021 Freese-Notis Weather Today's Cotton Commentary
Cotton Trades in Red -
Midday cotton trading has futures 25 to 43 points lower in classic Turnaround Tuesday fashion after the big gains on Monday. The weekly NASS Crop Cotton Fading Big Monday Rally -After the triple digit gains on Monday, overnight cotton trade was 15 to 28 lower to set up a possible Turnaround Tuesday fade. The weekly NASS Crop Cotton Triple Digits Stronger -More positive vaccine news (Moderna) left equities and cotton futures in the black on Monday. Cotton closed the first trading day of the week 111 to Cotton Rallying Triple Digits -Monday cotton trading is pushing futures 142 to 145 points higher at midday. The dollar is weaker so far, down against the yuan and yen and firm Cotton Futures Up 61 to 75 Points This Morning -Overnight cotton trading has futures 61 to 75 points higher than Friday’s close. On Friday prices were 2 to 46 points lower. USDA’s Export Sales Full commentary... |
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Commentary
Hogs Triple Digits Higher Across the Board -
Front month lean hog futures closed the first trade day of the month with gains of at least $1.22. October hogs were up the most (after leading the Cattle Futures Mark Time Awaiting Cash Market Developments -Front month cattle traded higher on Monday with fats gaining a nickel to 12 cents. April ’22 contracts were 57 cents higher on the day. USDA Cotton Futures Down Overnight -Cotton prices start the Tuesday session 37 to 55 points lower. Front month cotton futures ended the Monday session with gains of 24 to 35 points. Wheat Futures Fade Sharp Monday Gains -Wheat futures are in modest Turnaround Tuesday mode, giving back 2 to 6 cents of the double digit gains from Monday. KC led the way yesterday, Soybeans Double Digits Lower in Early Tuesday Action -Soybean futures are 13 to 18 cents lower early in the Tuesday session on better than expected US crop condition ratings. The soy futures complex Corn Futures Lower Despite Drop in Conditions -Overnight corn trading has the board 2 to 4 cents lower heading into the break. On Monday, corn futures were 11 3/4 to 14 cents in the black. Full commentary...Mobile Market Alerts
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