Cotton Management Economic Notes, Volume 1, No. 9
Citation
Wade, James C. & Russell Tronstad. Cotton Management Economic Notes, Vol. 1, No. 9. The Department of Agricultural and Resource Economics, The University of Arizona.Abstract
As shown in the accompanying graph, cotton prices have continued on a downward trend since mid June. The September 11 December 1992 futures price has dropped 152 points since August 21, 550 points since August 7, and 1015 points since June 15. In short, the bearish market trend has been driven by abundant world stocks and a favorable outlook for world production — even though US production estimates have been revised lower.Type
Periodicaltext