Cotton Market Ends Quiet With Small Decline
New York December report shows cotton prices easing 16 to 17 points while turnover around 200000 bales. Market opened steady then drifted, influenced by crop estimates and global factors, with futures at New Orleans and Liverpool showing weakness and Liverpool quotes steady at midday.
MENTIONED IN THIS ARTICLE
York
Prines
Liqimdaman
New Orleans
Liverpool
Tiverpool
Amferier FL Res
Ce MherpFanuary i
World cotton visible supply and market notes
The report outlines global cotton supply changes with totals for Great Britain Europe Egypt India and the United States and cites fluctuating prices and regional receipts. It notes a general market softening, with cautious buying guidance and expectations of a late year rise as brokers expect improved money conditions.
MENTIONED IN THIS ARTICLE
Great Britain
Europe
Egypt
India
Market News From Chicago and New York December 1
GIBERT & CLAY reports quiet start with bullish sentiment from favorable Argentina weather and larger exports, while Berlin strength and short-covering lift. Armour houses sell May, weekly clearances rise. Northwest sees liberal activity but late session selling. New York opens with London-led strength, investors watch private wires and trading activity at exchanges.
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Ware & Leland
Chicago
Argentina
Berlin
Armour Houses
Northwest
Feature
New York
Fcllw
London
Ing
Foreign markets higher as Chicago closes firm on wheat gains
Foreign markets strengthened Chicago closes firmer with May wheat just above Wednesday's quotes. Corn up 3-8, oats 1-8, provisions down about 10 to 1-2 cents. Cash wheat strength across U S centers supported options while shipments from Argentina influenced market tone. May wheat and corn contracts closed near highs of the day.
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Chicago
Argentina
Prineus Munam
Herun
Vo Ulis
United States
Meadstreet’s
Minneapolis
Duluth
Sesson
Shorts
Eix
Cotton markets fret over government report on crop size
New York December 1 and cotton exchanges across Memphis and Savannah show expectations for a large crop. Estimates from York at 10,658,000 bales, Memphis at 10,525,000, Savannah at 10,885,000, and Southern respondents at about 10,862,694 bales reflect widespread cautious optimism and concern that the government report may mislead public speculation.
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Atlanta
Pata
France
Wise
Japan
Galveston
Savannah
Sready Wild
Charleston
Wilmington
Baltimore
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Boston
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Great Britain
Errice
Tone
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Houston
Memphis
Louisville
Cincinnati
Esamack
New Orleans
York Exchange
Memphis Cotton Exchange
Savannah Cotton Exchange
Crop underestimation trends highlighted from past years
The passage notes past estimation performance with a 10.1 percent underestimation last year, averages of 5.6 percent over five years and 7.6 percent over ten years. It discusses this trend in relation to the commercial crop, emphasizing persistent underestimation across the decade.
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Beeson
Agricultural Department
Agricultural Department Ahout
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