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Market Mitigation

textile mill photo

The National Cotton Council continues to engage with the Administration regarding U.S.-China trade relations, which have had significant effects on the cotton market since mid-2018. How has the dispute affected prices, exports? ■ Cotton prices are about 33% lower since the imposition of the 25% retaliatory tariff on U.S. cotton in the U.S.-China trade dispute. In mid-2018, producers had the ... Read More »

Cotton prices may suffer during coronavirus pandemic

cotton ready to harvest

•By Yangxuan Liu • Along with the life-and-death struggle and the rising cases of COVID-19, financial markets worldwide have lurched lower. The selloff of the U.S. stock market started Feb. 21. Since then, the great coronavirus crash has been frightening in its speed. Even U.S. Treasury bonds and gold, traditionally a safe harbor in times of crisis, have come under ... Read More »

Coronavirus spreading uncertainty among Texas cotton producers

cotton bolls

Uncertainty surrounding the spread of coronavirus has Texas cotton producers in limbo regarding their crop options for 2020, according to a Texas A&M AgriLife Extension Service expert. Dr. John Robinson, AgriLife Extension cotton marketing specialist, College Station, said cotton prices have been dropping due to the disease’s effects on global production, manufacturing and consumption. The ripple effect of coronavirus on ... Read More »

NCC outlook: U.S.-China Phase 1, coronavirus bring uncertainties

export bales warehouse

National Cotton Council economists point to a few key factors that will shape the U.S. cotton industry’s 2020 economic outlook. This past year can be characterized as a year with significant uncertainty and volatility in the global economy and the world cotton market. On Jan. 15, President Donald Trump signed the Phase 1 trade agreement with China. As part of ... Read More »

What is going on in the cotton market?

round bales danevang, texas

• By Seshadri Ramkumar • Demand, trade wars and global economic scenarios are all playing their part in the weak cotton market. About 80 people involved in different aspects of the cotton sector gathered recently in the new building of Lubbock, Texas-based Plains Cotton Growers Inc. and discussed the current cotton scenario. Cotton demand is weak, says Darren Hudson, a ... Read More »

Market Maintenance A Must

chinese u.s. flags

U.S. cotton sales to China are substantially below what was expected in the absence of tariffs. What does this USDA package provide? ■ Producers of cotton and many other crops can sign up for the latest MFP at Farm Service Agency offices through Dec. 6. FSA made the first tranche of payments in August. Two other payment tranches may be ... Read More »

Texas Cotton Acreage Down, Crop Potential Uncertain

late-planted cotton

Texas cotton farmers whose fields survived inhospitable weather conditions early in the season are hoping for a market rally, but a Texas A&M AgriLife Extension Service expert said price speculation at this point is risky. Dr. John Robinson, AgriLife Extension economist, College Station, said cotton acreage is down due to weather delays or unfavorable conditions for the crop’s emergence in ... Read More »