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Global Cotton Consumption Projected to Reach Four-Year High

Global cotton consumption is forecast to rise to 116.9 million bales in the 2024/25 marketing year, marking a four-year high and a significant increase from the previous year's consumption level, according to a report by the US Department of Agriculture (USDA) published on Friday. This upward
Global Cotton Consumption Projected to Reach Four-Year High

Thailand Sugar Production Set to Rebound as Exports Surge

Thailand's sugar production is expected to rebound in the 2024/25 marketing year, driven by a recovery in sugarcane production and increased sucrose yields, according to a recent report by the USDA's Foreign Agricultural Service (FAS). FAS forecasts sugarcane production to reach around 96 million metric
Thailand Sugar Production Set to Rebound as Exports Surge

US Spot Cotton Prices Plummet to Lowest Level Since 2020

US spot cotton prices experienced a significant decline, falling to their lowest level since December 2020, as the market grapples with slow trading activity and limited supplies, according to the latest data published by the USDA. Spot quotations for the base quality of cotton averaged 70.35 cents per pound

Cocoa Prices Plunge as Rally Fizzles, Liquidity Dries Up

Cocoa prices have experienced a dramatic downturn, with a nearly 29% drop over the past week, as buyers retreat from the market amidst historically high prices and dwindling liquidity, according to a report by the Wall Street Journal. "After a monthslong rally in crop prices, which sent prices up

US Upland Cotton Sales, Exports See Sharp Drop

Net sales of US Upland cotton for the 2023/2024 marketing year experienced a significant decline, falling 45% from the previous week and 20% from the prior four-week average, according to the latest export sales report from the United States Department of Agriculture (USDA). The report, covering the period of

Cocoa Market in Turmoil Amid Supply Crunch: Financial Times

The global cocoa market is facing significant challenges as traders grapple with a severe shortage of cocoa beans and skyrocketing costs for securing long-term supply contracts, according to a report by the Financial Times. The report highlights the extreme volatility in cocoa prices, with recent plunges of over 25% followed

Cotton Prices Remain Stagnant Despite Steady Export Sales: Cotton Grower

Cotton prices remain trapped in a narrow trading range despite consistent export sales, as demand shows no signs of improvement, according to an analysis published by Cotton Grower. Dr. O.A. Cleveland of Cotton Grower highlights the current market dynamics, where low prices have encouraged export sales of all cotton

US Upland Cotton Prices Slide as Exports Dip and Sales Surge

Prices for US Upland cotton experienced a downward trend, with the adjusted world price falling to 61.33 cents per pound for the week ending May 2, 2024, according to the latest report from the USDA's Cotton and Tobacco Program. This marks a continuous decline from the 72.

Cotton Futures Rise as Planting Progresses and Market Awaits Fed Decision: PCCA

Cotton futures experienced a modest rebound the past week, with the July contract gaining 47 points to settle at 81.08 cents per pound, according to the latest report by Plains Cotton Cooperative Association (PCCA). The report highlights the recent uptick in certificated stocks, reaching 178,147 bales, indicating increased

Brazil Sugar Production Hits Record High: Reuters

Brazil's sugarcane crop for the 2024/25 season is expected to decline slightly from the previous year's record high, while sugar production is projected to reach an all-time peak, according to a report by the Brazilian government agency Conab cited by Reuters. Conab forecasts the total