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2 clusters · 2 sources · 27 days · First seen · Last updated

Global cotton and agricultural commodity market trends

Overview

Global agricultural markets, specifically for cotton, have experienced periods of volatility and upward price trends.

In mid-August, cotton futures saw fluctuations driven by speculative buying and strong export sales, despite a correction period. During this time, the USDA lowered its production forecast to 13.61 million bales, noting that crop conditions were behind previous year levels. Concurrently, cottonseed oil cake prices rose due to increased demand for cattle feed.

By mid-September, a broader upward trend emerged across several commodities, including cotton, corn, and wheat. Cotton producers began securing pre-sales at prices reaching 53 cents per kilogram. This market movement follows a three-year period of declining prices and is accompanied by new financial tools and agricultural improvement schemes intended to boost sector activity.

Entities

ICE Futures U.S. · USDA · National Commodity and Derivatives Exchange · Greece

Timeline

  1. 1 day ago

    [BUSINESS] 2 sources
    Agricultural markets show upward trend in cotton, corn, and wheat

    Agricultural markets for cotton, corn, and wheat are experiencing an upward trend, supported by rising commodity prices and new financial lending tools for farmers.

  2. 28 days ago

    [BUSINESS] 2 sources
    Cotton and cottonseed oil cake markets see shifts in demand and production forecasts

    Cotton futures are correcting after gains driven by USDA reports and strong export sales, while cottonseed oil cake prices rose slightly due to increased demand for cattle feed.

Sources

aixmi-news.gr · noticiasdealava.com