Monthly Economic Letter May 2024

RECENT PRICE MOVEMENT All benchmark prices decreased over the past month.•The July NY/ICE futures contract dropped from 93 to 77 cents/lb between early April and the present.•The December NY/ICE futures…

Cotton Prices: Will They Hold Up?

Monthly Economic Letter December 2023

RECENT PRICE MOVEMENT Cotton benchmarks were flat or slightly lower over the past month. Pakistani spot prices decreased slightly from 75 to 73 cents/lb.  In domestic terms, values fell from…

Monthly Economic Letter July 2023

RECENT PRICE MOVEMENT Cotton benchmarks were flat or lower over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured a slight increase to world production in 2023/24…

Monthly Economic Letter June 2023

RECENT PRICE MOVEMENT Movement in NY/ICE futures was erratic, but most cotton benchmarks were rangebound over the past month. SUPPLY, DEMAND, & TRADE The latest USDA forecast featured increases to…

Monthly Economic Letter May 2023

RECENT PRICE MOVEMENT Movement in benchmark cotton prices was mixed over the past month. SUPPLY, DEMAND, & TRADE In May, the USDA issues its first complete set of supply and…

Monthly Economic Letter April 2023

RECENT PRICE MOVEMENT Most cotton benchmarks moved lower and then higher over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured increases to figures for 2022/23 production…

Monthly Economic Letter March 2023

RECENT PRICE MOVEMENT Most cotton benchmarks moved slightly lower over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured a slight increase to the global production figure…

Monthly Economic Letter February 2023

RECENT PRICE MOVEMENT Movement in cotton benchmarks was mixed over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured decreases to forecasts for global production (-332,000 bales…

Monthly Economic Letter January 2023

RECENT PRICE MOVEMENT Movement in cotton benchmarks was mixed over the past month. SUPPLY, DEMAND, & TRADE The latest USDA report featured decreases to global cotton production (-332,000 bales, from…