The NY cotton futures market was down 394 points for the week from Monday's 72.06 open to Friday's settle at 68.12. Without a doubt the USDA WASDE report was bearish and the market took a quick dive once the report was released. They ...
Tags: USDA, The NY Cotton, Textile
The forecasts for total red meat and poultry production for both 2013 and 2014 are lowered from December. For 2013, beef production is raised, but pork, broiler, and turkey production are reduced. The forecast for 2014 is reduced as lower ...
Tags: Hog, USDA Wasde, US Hog Prices
By lowering ending stocks estimates, the USDA released market-friendly data Friday. As a result, the corn finished double-digits higher. The March corn futures contract closed 20 3/4 cents higher at $4.32. The March soybean futures ...
Tags: Agriculture, Food
ICE Cotton had its best week since August, gaining almost 400 pts to settle at 83.22 c/lbs basis H4. The USDA WASDE release on Tuesday was a non-event – failing to include an increase in US exports as had been expected by many – ...
Tags: ICE Cotton, Textile