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Cotton Close-Up: Picking Apart Prices, Planting Profits

Cotton Close-Up: Picking Apart Prices, Planting Profits

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This is your Daily Cotton Price Tracker with Vanessa Clark podcast.

Hello and welcome to the Daily Cotton Price Tracker with Vanessa Clark. I’m Vanessa, and today we’re breaking down the very latest in cotton markets, giving you an inside scoop on price trends, market news, and what all of it could mean for growers, traders, and anyone interested in the world’s most widely used natural fiber.

Let’s jump straight into the numbers. As of November third, cotton is trading at around 65.75 cents per pound, according to Trading Economics. That’s near the highest level since mid-September and about half a percent higher compared to last month. December cotton futures also hit 65.68 cents, with a small gain earlier today, and prices have mostly stayed in the 64 to 66 cent range throughout the week, with occasional moves above or below.

Why are prices moving this way? First, the uptick is partially thanks to stronger grain markets and some renewed optimism about US-China trade negotiations. Recent Chinese soybean purchases and hints at continued agricultural cooperation have lifted overall demand prospects, not only for grains but also for cotton.

Still, it’s important to stress that the market is seeing mixed influences. Right now, we’ve got a stronger US dollar, which typically weighs on commodity prices like cotton. This has limited any major upward moves, making today’s rally more of a pause or chart consolidation rather than a breakout.

And don’t forget about the global supply story. India, one of the world’s top cotton producers, is expected to see its production drop to just over 294 lakh bales for the 2024-2025 season. That’s the lowest in over fifteen years, driven by late rains and pest issues. Meanwhile, Brazil is expecting an abundant harvest next year, so there’s quite a bit of shifting power in the producer landscape.

From a practical standpoint, if you’re holding cotton or considering entering the market, it’s wise to expect some stability around the current range, unless major news or government reports shake things up. With the US government shutdown still blocking the release of key data like export sales, there’s a bit less transparency for now—so watch for sudden swings once those numbers come out.

For the coming weeks, most market analysts see cotton working between 64.50 and 66.25 cents, with movement above 66 cents likely to be temporary. Speculative positions remain high, so any correction—especially as we approach contract expiration—could send prices on a quick ride.

Here’s a tip for listeners: Keep a close eye on export news, the US dollar, and updates from major producing regions. These will be your best indicators for short-term price moves. Whether you’re a grower thinking about your next sale or a trader eyeing futures, daily monitoring is absolutely key in this environment.

Thanks for joining me today on Daily Cotton Price Tracker. Make sure to subscribe and tune in next time for your daily dose of cotton market news and actionable insights. I’m Vanessa Clark—wishing you a smooth trading day and happy cotton picking.

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