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 Report September 2019

The latest USDA report featured decreases to world production and mill-use figures.  The global harvest forecast for 2019/20 dropped 709,000 bales to 124.9 million, and the consumption forecast fell 1.3…

Monthly Economic Letter August 2019

The latest USDA report featured a slight decrease to the 2019/20 production forecast (-179,000 bales, from 125.8 to 125.6 million) and a larger decrease in the projection for world mill-use…

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…

Monthly Economic Letter October 2018

This month’s USDA report included slight downward revisions to world production and mill-use figures. The global harvest number was lowered 314,000 bales (from 122.0 to 121.7 million) and the global…