Page Title

​​​​U.S. Cotton Market Outlook

​The market outlook for U.S. cotton has been influenced by more than the usual amount of uncertainty. The impact of the U.S.-China trade war on the export demand for U.S. cotton has been largely replaced by the broader uncertainty of the coronavirus on the global economy. The late-breaking volatility in ICE cotton futures has left grower planting intentions very unclear. The possibility of planting 12.5 million or fewer acres gives a fundamental possibility of cotton price support, but this can only be realized if the coronavirus situation stabilizes.