Top Headlines
  • DTN Cotton Closing: Ending Mixed for Thursday

    By Apr 23, 2021 2:12 PM

    Cotton closed mixed Thursday as the old crop was lower, but the new crop finished slightly higher. Apparently, traders lost their early morning bullish enthusiasm and liquidated their positions. It was pretty obvious that the cotton market was peripherally chasing the outside Chicago grains higher Thursday. The grain markets are in the throes of rationing their tightening supplies via higher prices, while cotton’s ending stocks, which are low, are nowhere near a record level. In addition, cotton’s weekly export-sales data lacked bullish drama and the trade encountered key 50% resistance at its highs.

  • DTN Cotton Closing: Higher and Anticipating Exports

    By Apr 22, 2021 12:49 PM

    With the old crop leading the way, the cotton market was sharply higher Wednesday. Both the May and July contracts finished with triple digit-gains; new-crop December was up about 0.63 cent. Some traders believe Thursday’s weekly export sales could be substantial given USDA recently cut domestic carryout under 4.0 million bales. The only way to ration a potential tight supply is through higher prices. Last week saw sales of 122,300 bales, which was down 55% from the previous week’s tally. Shipments were 313,000 bales, also down, but only 16% versus the prior week.

  • DTN Cotton Closing: Ending Lower Monday

    By Apr 20, 2021 11:30 AM

    The cotton market finished lower Monday, as into the waning moments of the trading session, both crop seasons settled in negative territory. Traders are awaiting any meaningful forthcoming news to further influence prices either higher or lower. A bit of such news comes this afternoon when USDA releases its weekly crop progress data. Given the severity of the drought gripping West Texas, participants are eager to see if that weather event is being borne out in the government numbers.

  • DTN Cotton Closing: Sharply Up on Dollar, Weather

    By Apr 15, 2021 12:09 PM

    The cotton market closed sharply higher Wednesday amid an ailing U.S. dollar, bullish performances in the grains and persisting hot-and-dry conditions in West Texas. The decline in the dollar is being precipitated by certain trader’s views over the civil unrest in the U.S. and the amounts of government stimulus now considered exorbitant.

Interview
  • SUCCESS STORY OF FARMER IN MH

    BABAN YEDE (Contact No 9503490538)

    Farmer 23/Aug/2017

    Myself Baban Bhagwan Yede, staying At Post Anjanvati Village, Dist. Beed, (MH). I stay in a village whose population is about3000 and nearly 350 families belong to the farming community. I am 56 years farmer and did my 4th Std. My educational carrier I had decided to do the farming in a better way. I am having 13 acres of land, in which we use 4 acres of land for growing cotton, 5 acres of land for growing Udit and on balance 3 acres other crop like turmeric etc.

  • ACCORDING TO MUKESH TAYEGI JI GOVERNMENT SHOULD ALLOW DUTY FREE IMPORT AND EXPORT OF RAW COTTON

    MUKESH TAYEGI VICE PRESIDENT OF NITMA

    NITMA 19/Aug/2017

    ACCORDING TO MUKESH TAYEGI JI GOVERNMENT SHOULD ALLOW DUTY FREE IMPORT AND EXPORT OF RAW COTTON WHICH IS CURRENTLY IN POLICY AND SHOULD BE CONTINUED, TO HAVE GOOD TRADE IN UPCOMING DAYS.

  • SUCCESS STORY OF FARMER IN MH

    Vinod Dhangar (Contact No.8888382972)

    Farmer 12/Aug/2017

    Myself Vinod Ravindra Dhangar, staying at Visteda Village, Dist. Jalgaon, (MH). I stay in a village whose population is about 20000 and nearly 800-900 families belong to the farming community. I am 30 years old farmer and did my SSC. My father is doing farming from years together but the type of farming was a traditional one. After my educational carrier, I had decided to help my father and to do the farming in a better way. I am having 8 acres of land, in which we use 5 acres of land for growing cotton, and on balance 3 acres another crop like Moong.

Spot Prices
Cotton: Maharashtra (10/Apr 10:51 AM)

AGD (BB/29M) 0 0.00 %
Akola (Fardar/25/27M) 0 0.00 %
NGP (MECH-1/28M) 0 0.00 %
NGP (MECH-1/29M) 0 0.00 %
Yarn: Punjab (05/Mar 01:22 PM)

Ludhiana(20S Comb(Wrap)) 220 10 4.76 %
Future Prices (22/Apr 11:18 AM)
ICE Cotton No.2 (USC/LB)
May 31, 2021 85.61 1.20 1.42 %
Jul 31, 2021 86.91 1.12 1.31 %
Dec 31, 2021 84.17 0.77 0.92 %
ZCE (Yuan/Ton)
May 31, 2021 15,325.00 140.00 0.92 %
Jul 31, 2021 15,375.00 150.00 0.99 %
Sep 30, 2021 15,565.00 150.00 0.97 %
Exchange Rates (22/Apr 11:18 AM)
1 US $ = Rs 75.05
0.14 0.19%
1 UK £ = Rs 104.51
0.77 0.74%
1 Eur € = Rs 90.37
0.73 0.81%
100 ¥en = Rs 69.50
0.47 0.68%
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