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February 2021
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…
January 2021
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…
February 2020
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…