Top Headlines
  • DTN Cotton Closing: Cotton Sharply Down

    By Aug 13, 2020 11:18 AM

    The cotton market was sent reeling lower Wednesday as USDA issued a surprisingly bearish crop report. Going into the report, the average Industry estimate was 17.20 million bales, down 300,000 from the July numbers. However, government tabulators actually pegged the crop at 18.08 million bales. Additionally, U.S. carry was increased to 7.60 million bales, up from July’s carryout of 6.80 million. World carry also jumped. Due to COVID shutterings of retail businesses and textile mills, global stocks went from 102.77 million last month to Wednesday’s 104.91 million bales.

  • DTN Cotton Closing: Cotton Ends Higher

    By Aug 12, 2020 3:39 PM

    The cotton market finished unconvincingly higher Tuesday, as traders dialed in a worsening crop situation and a bullishly surging Dow Jones. The Dow Industrials appear to be heading for a close over the 28,000 level, while the NASDAQ has already posted an all-time higher. The point for cotton is such outside bullish financial enthusiasm is too hard to ignore. In more specific news for cotton were Monday’s crop conditions numbers from USDA. In quick summary, the report revealed nine of the top 15 cotton producing states showing deterioration. Wednesday at noon Eastern time, USDA will also issue its monthly supply/demand report. Last month the government pegged the crop at 17.50 million bales, but traders are collectively expecting the latest data to show a crop of 17.0 million bales. Exports are pegged at 15.20 million versus last month’s 15.0 million.

  • Business remains stable on cotton market

    By Aug 05, 2020 2:25 PM

    The cotton market was able to hold its big gains on Tuesday. Typically, After a strong up day on Monday, the market has been known to retreat lower on Tuesday, but that was not the case. Thus, besides the market’s obvious upward sloping technical trend, traders are also factoring in adverse weather and field conditions unfolding across the production belt. Just Monday, USDA lowered its crop ratings for six out of the 10 top-producing cotton states. The current weather outlooks call for hot and dry weather for most of Calendar August.

  • DTN Cotton Closing: Cotton Holds the Line

    By Aug 05, 2020 1:19 PM

    The cotton market was able to hold its big gains on Tuesday. Typically, After a strong up day on Monday, the market has been known to retreat lower on Tuesday, but that was not the case. Thus, besides the market’s obvious upward sloping technical trend, traders are also factoring in adverse weather and field conditions unfolding across the production belt. Just Monday, USDA lowered its crop ratings for six out of the 10 top-producing cotton states. The current weather outlooks call for hot and dry weather for most of Calendar August.

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 (13/Aug 10:27 AM)

AGD (BB/29M) 32,600 0 0.00 %
Akola (Fardar/25/27M) 0 0 100.00 %
NGP (MECH-1/28M) 0 0 100.00 %
NGP (MECH-1/29M) 34,000 0 0.00 %
Yarn: Punjab (27/May 05:36 PM)

Ludhiana(20S Comb(Wrap)) 165 0 0.00 %
Future Prices (13/Aug 10:16 AM)
ICE Cotton No.2 (USC/LB)
Dec 31, 2020 62.75 -0.76 -1.20 %
Mar 01, 2021 63.67 -0.69 -1.07 %
May 31, 2021 64.41 -0.57 -0.88 %
ZCE (Yuan/Ton)
Sep 30, 2020 12,175.00 -105.00 -0.86 %
Nov 30, 2020 12,495.00 -105.00 -0.83 %
Jan 31, 2021 12,795.00 -110.00 -0.85 %
Exchange Rates (13/Aug 10:19 AM)
1 US $ = Rs 74.83
0.00 0.00%
1 UK £ = Rs 97.68
0.07 0.07%
1 Eur € = Rs 88.33
0.27 0.31%
100 ¥en = Rs 70.10
0.10 0.14%
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