Cotton Market Slumps as Weather and Rates Drive Losses
The New Orleans cotton market shows a quiet to steady decline with prices down 6 to 9 points on the day. Reports cite heavy rainfall in the Delta, weak demand, and higher call money weighing on trading. Liverpool notes mixed signals as the census and government reports loom, with weather and overseas demand shaping near term direction.
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South Atlantic
Mpot
Poe
Orleans
Jousson
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Rere Heck
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Montment
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Thor
Toul UD
Amund
Charles Randolph
Avlanta
Tiverpool
Geneal
Gilbert & Cay
Qatorm
New Cotan
Wey
Know
Vance
Ist
Woolans
New York
Menta
Atlantic
Jay peTer
Yemenmy
Denng
Cotton Seed Market Notes From New York and New Orleans
Cotton seed values and meal demand in New York and New Orleans traffic noted Sept 6. Prices shown include prime crude cake at 1-2 cents, prime yellow and white cotten seed varieties, with mentions of freight terms and a December delivery window.
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New York
New Orleans
Cotten
Feeling Bearish In Wheat Market
Chicago reports a bearish wheat market amid excellent harvesting weather in the northwest. December futures fell to around 73 1/4, with corn down and provisions up, while traders/sellers dominated early sessions before cash support offered limited relief. Local receipts and world supplies showed varied changes, signaling weakness as futures drifted near session lows.
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