COTTON SPIN: Speculating on cotton prices: A more or less random process
Story Date: 1/12/2018

 

Source: SOUTHEAST FARM PRESS, 1/11/18

The Beltwide Cotton Conferences were, as always, a good opportunity to hear public presentations and private opinions about the cotton market outlook. Most of what I heard in San Antonio is consistent with the outlook for the last several months. In summary: (1) The world cotton supply/demand balance appears to be tightening; (2) the U.S. balance sheet remains officially heavy, with a projected doubling of ending stocks, year-over...

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