Half-and-Half Cotton Grading and Market Impact
A discussion of half and half cotton notes its short weak fibre unsuitable for spinning and its low standing with buyers placed near lint. It explains futures act limitations and reports major buyers will reject this grade and charge losses to raters. Market dynamics and regional growth of the grade are described.
MENTIONED IN THIS ARTICLE
United States Cotton Futures Act
Cotton Exchange
Half and Half cotton penalties threaten Texas growers
The document warns that mixed or Half and Half cotton raises costs and reduces competition as buyers withdraw from several Texas counties. Local sellers must guarantee quality, driving down prices by one half to one and a half cents per pound. Texas relies on Liverpool markets for its staple, but mixed bales disrupt sales and could cost millions yearly, affecting whole sections and the farming community.
MENTIONED IN THIS ARTICLE
Texas
Liverpool
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