Cotton Market Slumps After Bearish Bureau Report
A bear initial government bureau report triggered a severe cotton market break. August delivery fell to 8.60 with October at 9.99 and December at 6.98 as selling intensified. Local shorts covered briefly before a renewed decline amid heavy liquidation, port receipts lagged last year, and local estimates project a 10.9 to 11.5 million bale crop.
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Next News Ae
Phiadelphia i Res Oonne
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S Ave
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Ase
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Ore
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Bugle Pass
Paso
Tex
Laredo
Texaes
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Owe
Liverpool Cotton Market Report and Grain Futures
Liverpool market notes show harder cotton texture with moderate demand and a decline in middling uplands at 8.89, 5,000 bales on the spot, 2,000 receipts and 500 ex fort. Futures opened steady and closed steady with various August to March spreads listed. Treasury-like bond and stock listings follow, including U S government bonds, railroad and utility issues, and several railroad and mining company securities.
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New Orleans
Meares
Waray Crenas Avaal
Liverpool
Futurea
Southern Exchange
New York
Tn‘terete
Texas
Cotton & Purchase
Cotton and Wheat Markets Dull as Prices Edge Upward
New Orleans and Chicago market notes show Liverpool cotton options steady with a 2 point rise on short covering, as government July conditions trigger selling and losses. Prices 82.9 for cotton remain fair, though demand signals imply potential declines. Wheat in Chicago repeats yesterday’s dull, lower trend amid weak cabling and receipts, with market appearing fragile and prone to further weakness.
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Gibert & Clay
New Orleans
Liverpool
Mississippi
Out
Fana
Chicago
Northwest
Conati Nares
Brock Sell
France
Tinant
Wise
Japan
Atlanta
Galveston
Rt O . Beady
Mobile
Charleston
Wilmington
Norfolk
Baltimore
New York
Boston
Portland Pasaya
Brunewick
Eiece
Brock
Glycoshorta
Market Mood Stirs Bulls as Crop Reports Roundup
The notes sketch a mixed, cautious trading day with rain and improved crop prospects in Iowa and Kansas, while Missouri shows strong oats yields. Wheat weakness undercuts corn, and lard and cotton futures move on revised weather and government reports. Stocks remain bid in parts but pressured by bear sentiment and a bearish government cotton outlook.
MENTIONED IN THIS ARTICLE
Ah Oe
Hipmenss
Bearish sentiment haunts U S grain markets in Chicago
Chicago yields weakness across wheat and corn as traders weigh a potential record U S wheat harvest and weak news. Wheat closes easy after a day of small volume and cautious selling by cash houses. corn and oats show modest gains amid steady receipts and a firm note from the Missouri crop report.
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Chicago
United States
Liverpool
Northwest
St. Louis
Arso
Missouri
Bradatreet
Minneapoli
Duluth
Illinois
Sf&yc
Horte End Commission
Reptember Park
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