Trade Issues

Tillis/Warner Circulate Cotton Support Letter

June 30th, 2020|

Senators Tillis and Warner are circulating a cotton support letter to Senate leadership. Please visit the link below to see the letter. Click here.

China Announces to Dump 500K MT of Reserved Cotton

June 30th, 2020|

National Food and Strategic Reserves Administration and Ministry of Finance jointly announced just now. In order to optimize the structure of reserve cotton, ensure the quality and enhance the regulation and control ability of central [...]

China Falls Below Target

June 30th, 2020|

As of the end of May 2020, China has only purchased 19% of the $170 billion worth of U.S. goods that would agreed upon in the Phase One Trade Agreement. This means that in order [...]

Temperature, Precipitation, and Drought Information

June 29th, 2020|

On July 5th, NOAA reported the outlook for the temperature and precipitation probabilities for July 13th through July 19th. The maps are show below. In addition, NOAA's drought monitor for June 30th shows extremely drought [...]

Acreage and Stocks Estimates

June 29th, 2020|

On Tuesday, USDA will report the annual Acreage report and the seasonal Grain Stocks report. Reuters/Bloomberg have provided their expectations for both reports. They estimate that there will be approximately 13.2 million acres of cotton [...]

U.S. House Bill Proposes Infrastructure Spending

June 29th, 2020|

The U.S. House of Representatives will likely pass a $1.5 trillion infrastructure bill. The picture below demonstrates how money would be allocated through The Moving Forward Act.