Monthly Economic Letter
February 2021

The latest USDA report featured increases to world production (+1.3 million to 114.1 million) and consumption forecasts (+1.5 million bales to 117.2 million).  Due to revisions to mill-use figures in…

Monthly Economic Letter
January 2021

RECENT PRICE MOVEMENT Global cotton prices continued to rise over the past month. The NY March futures contract climbed from 74 cents/lb to 82 cents/lb. The December futures contract, reflective…

Monthly Economic Letter
February 2020

The latest USDA report featured an increase to the forecast for world production in 2019/20 (+850,000 bales to 121.3 million) and a decrease to the forecast for 2019/20 world mill-use…

Monthly Economic Letter January 2020

RECENT PRICE MOVEMENT Indian and Pakistani prices were stable over the past month.  Other benchmark prices increased. The nearby March NY futures contract increased from 65 to 71 cents/lb. The…

Monthly Economic Letter June 2019

This USDA’s May supply and demand report is the first to feature a complete set of forecasts for an upcoming crop year.  The figures for 2019/20 suggest growth in both…

Monthly Economic Letter May 2019

This USDA’s May supply and demand report is the first to feature a complete set of forecasts for an upcoming crop year. The figures for 2019/20 suggest growth in both…

Monthly Economic Letter March 2019

This month’s USDA report featured little change. The global harvest estimate for 2018/19 rose 440,000 bales (to 118.9 million). The global mill-use estimate decreased 50,000 bales (essentially unchanged at 123.6…

Monthly Economic Letter February 2019

Most cotton prices were stable over the past month. Chinese prices moved slightly higher. Indian prices moved slightly lower.

Monthly Economic Letter January 2019

NY futures and the A Index decreased throughout December before stabilizing in January. Chinese and Pakistani prices were stable over the past month. Indian prices moved slightly lower.

Monthly Economic Letter December 2018

Movement in global cotton prices was mixed over the past month, with values for NY futures moving slightly higher, values for Chinese prices moving slightly lower, and the A Index…