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 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 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
March 2021

Most benchmark prices increased throughout February but decreased in early March.

Monthly Economic Letter
April 2021

The latest USDA report featured a small decrease in global production (-276,000 bales to 113.0 million) and a small increase in global mill-use (+387,000 bales to 117.8 million). An upward…

Monthly Economic Letter
May 2021

The latest USDA report featured minor changes to global production (+66,000 bales to 113.1 million) and mill-use (-439,000 bales to 117.4 million) figures for 2020/21. Changes to estimates for earlier…

Monthly Economic Letter
June 2021

RECENT PRICE MOVEMENT Indian and Pakistani prices increased over the past month, while NY/ICE futures, the A Index, and Chinese cotton prices fell and rebounded. After sliding from 87 to…

Monthly Economic Letter
August 2021

RECENT PRICE MOVEMENT Most benchmark prices increased last month. Values for the December NY/ICE futures contract held between 88 and 90 cents/lb for much of July. In early August, futures…

Monthly Economic Letter
October 2021

RECENT PRICE MOVEMENT Most benchmark prices surged between late September and the present. After touching values below 90 cents/lb on September 20, the December NY/ICE futures contract surged higher. Prices…

Monthly Economic Letter
March 2022

RECENT PRICE MOVEMENT Most benchmark prices decreased over the past month. The most actively traded May 2021 NY/ICE futures contract decreased from 124 to 118 cents/lb over the past month.…