Cotton acreage and production forecast
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Cotton Holding onto Gains at Thursday’s Midday
Yahoo Finance· 2026-02-19 17:52
Group 1 - Cotton futures are experiencing gains ranging from 10 to 23 points as of Thursday [1] - Crude oil futures have increased by $1.39 per barrel, reaching $66.64 [1] - The US dollar index has risen by $0.199 to a level of $97.820 [1] Group 2 - The USDA's Ag Outlook Forum reported that cotton acreage is projected at 9.4 million acres for planting this spring [1] - Cotton production is estimated to be 13.650 million bales [1] Group 3 - The Seam reported sales of 16,513 bales on February 18, with an average price of 58.85 cents per pound [2] - The Cotlook A Index decreased by 30 points to 73.55 cents on Wednesday [2] - ICE certified cotton stocks increased by 2,565 bales on February 18, totaling 117,075 bales [2] Group 4 - The Adjusted World Price was reduced to 49.39 cents per pound last week, with an update expected later today [2] - Cotton futures for March 26 are at 61.76, up 21 points; May 26 at 63.99, up 23 points; and July 26 at 65.57, up 10 points [2]