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Cotton Exports and U.S. Dollar Value Overseas

The strengthening U.S. dollar globally may be impacting our nation's cotton exports, per USDA's latest cotton outlook. (Rod Bain and World Agricultural Outlook Board Chair Seth Meyer)
 

 

Source: USDA


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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.