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cotton exports

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 »

Price swings, new disease put strain on SC cotton growers

south carolina cotton field

• By Denise Attaway • One thing many farmers know for certain is that nothing is certain right now. During the South Carolina Cotton Growers Meeting held in Santee recently, Clemson Extension Economist Nathan Smith told growers that despite stable demand for cotton worldwide, fluctuations in yields, prices and international trade have the potential to create stress for both producers ... 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 »

Hoping To Erase Doubts

The National Cotton Council characterized 2018 as a year with significant uncertainty and volatility in the world cotton market. It sees 2019 as having some important unknowns as well. Is there a predominant unknown factor for 2019? ▪ The ongoing U.S.-China trade dispute and the 25 percent tariff on U.S. cotton imported into China continues to be a wild card. ... Read More »