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Mid-Valley Cotton Growers, Inc. Announcements
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Market Snapshot
Quotes are delayed, as of July 06, 2022, 04:43:27 PM CDT or prior.
Cotton USDA Newswire
National Newswire
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Local Weather
Tulare, California (93275)
Forecast
© 2022 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
More Premium for Nearby Hogs -
Lean hog futures ended the session with gains of as much as $3.25 nearby to a 17 cent loss by April ’23. The August to October spread widened to Red Close for Wheat -Wheat futures worked higher initially on Wednesday, but turned weaker in afternoon and closed red. CBT SRW ended the day with 1 1/2 to 4 1/4 cent Corn Ends Higher on the Day -A wide ranged Wednesday session had the market trading both in the red and the black before closing up by 5 1/2 to 8 1/4 cents. The new crop Wide Ranged Wednesday for Soy -November soybeans printed a wide 40 cent range after trying both sides of the open. Futures initially went for a bounce back, but ultimately closed Cotton Used Expanded Limits -December cotton got to within 2 points of an expanded limit loss following yesterday’s limit drop. At the close futures needed more than the Triple Digit Gains for Cattle Futures -Wednesday’s cattle futures market worked higher after the red start to the week. The front months ended the day with $1.07 to $1.57 gains. The Full commentary...Mobile Market Alerts
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