By admin       2018-05-19

North Delta Spot cotton trading was inactive. Supplies of available cotton were light. Demand was light. Average local spot prices were lower. Trading of CCC-loan equities was inactive. No forward contracting was reported. Cotton was being delivered to fulfill contracts Favorable climatic conditions allowed producers to make excellent progress with planting. Daytime high temperatures in the mid-90s were a few degrees above average for this time of the year. Overnight temperatures in the 70s were also several degrees above the seasonal average. Light, isolated thundershowers were received early week, but most producers reported that fieldwork, particularly fertilizer applications and planting, was not significantly impacted. A storm front late week brought heavy rain showers to the Memphis territory; up to 1inch of rain was reported generally. All outdoor activities were idle until fields firmed enough to support equipment.

Download App

# #

Member Login