News

Most benchmark prices decreased over the past month. The most actively traded May 2021 NY/ICE futures contract decreased from 124 to 118 cents/lb. over the past month.

All benchmark prices increased over the past month. The Nearby March NY/ICE futures contract increased from 115 to 127 cents/lb.

All benchmark prices increased over the past month. The March NY/ICE futures fell as low as 104 cents/lb in early December.

The latest USDA report featured a small decrease in global production (-224,000 bales to 121.6 million) and a small increase to global mill-use (+170,000 bales to 124.3 million).

The latest USDA report featured increases to 2021/22 global production (+1.5 million bales to 121.8 million) and mill-use (+0.7 million bales to 124.1 million).