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Cotton Climbs: Trade Talks, Tight Supply, & Texas Harvest News

Cotton Climbs: Trade Talks, Tight Supply, & Texas Harvest News

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 https://www.instagram.com/vanessaclarkipaiThis is your Daily Cotton Price Tracker with Vanessa Clark podcast.Hello and welcome back to the Daily Cotton Price Tracker. I am Vanessa Clark, here to catch you up on everything you need to know about cotton markets and news this Tuesday, October twenty-eighth, twenty twenty-five.Let’s start with the big headline: cotton prices have edged up again. Today, cotton is trading at sixty-five point zero two cents per pound. That is an increase of zero point six three percent from yesterday, and it marks the highest price we have seen since early October. For context, this is up about three point four percent over the past month, although prices are still almost eight percent lower than where they were a year ago, according to Trading Economics. The last time cotton saw a significant surge like this was back in March two thousand eleven, but right now, the mood is guarded optimism.What is driving this recent price movement? First, there is renewed hope that trade relations between the United States and China could be improving. Over the weekend, President Trump and President Xi agreed on a preliminary framework that specifically called out agricultural goods in trade talks. Both the National Cotton Council and outlets like AgInfo and the US Trade Representative’s office have signaled that these developments could lead to China making new commitments to buy US cotton. Historically, China was importing between three and five million bales of US cotton per year, but that figure has dropped by over ninety-five percent in recent years due to trade tensions and tariffs. Industry leaders are watching closely as any new agreement could mean a significant boost in demand and export opportunities for American growers.Meanwhile, the US government shutdown is still in effect and is impacting the cotton market in several ways. Key economic and agricultural reports, like the USDA’s WASDE, have been delayed, making it harder for traders and producers to get up-to-date information. Despite this, the reopening of FSA offices has allowed growers to access important safety-net programs again, including marketing loans, which many have been waiting on for weeks.Looking at production around the world, India’s cotton crop is expected to hit a fifteen-year low due to unusual weather patterns and increased pest and disease outbreaks. India has gone from a peak of nearly four hundred lakh bales down to just over two ninety-four lakh bales expected this year. Climate disruptions, heavy rains, and pest problems have all played a role. On the flip side, projections out of Brazil point to another strong cotton harvest in the upcoming season, helping balance out some of the global supply concerns.Here in the United States, the cotton harvest is progressing. West Texas and Oklahoma saw some rain late last week, which briefly slowed the harvest and may have caused some discoloration for certain crops, but mostly dry weather has now allowed full-swing harvests to continue. South Texas is nearly finished with their picking and ginning, and activity across the Cotton Belt is lively as we move into late October. However, some farmers are choosing to hold back on selling and store their cotton, hoping for even better prices in the weeks ahead as market directions become clearer.Looking forward, market analysts expect cotton to hover around sixty-three cents by the end of this quarter. Over the next twelve months, some models are projecting a slight decline, potentially down to about fifty-nine and a half cents per pound. But, as always, those estimates can change quickly with new trade deals, weather events, or shifts in demand.As we wrap up, let me leave you with an actionable tip: if you are a cotton producer, make sure you monitor loan program updates and keep an eye on weather forecasts as the harvest wraps up. For traders, stay tuned for policy news, especially relating to US and China negotiations, as that could fuel some rapid moves in cotton prices.That is it for today’s episode of the Daily Cotton Price Tracker. I am Vanessa Clark, and I hope you feel more informed and prepared for whatever the cotton market brings next. Be sure to subscribe and tune in next time for your latest market news, price updates, and cotton insights. Thanks for listening and have a wonderful day.For more http://www.quietplease.aiCheck out Vanessa on Instagram https://www.instagram.com/vanessaclarkipaiFor some deals, check out https://amzn.to/4hSgB4rThis content was created in partnership and with the help of Artificial Intelligence AI
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