Cotton Fades Lower on Thursday
Weekly Export Sales data showed a total of net reductions of 17,172 RB in the week ending on 7/31 for old crop to round out the marketing year. A total of 598,393 RB is carried over from unshipped sales, with 107,300 RB sold for new crop in the last week of July. Shipments to round out the 2024/25 marketing year were 182,334 RB, taking the total to 11.191 million RB.
More News from Barchart
Coffee Prices Settle Lower on Tariff Woes
Tariff Turmoil Weighs on Coffee Prices
The Bullish Cattle Stampede Rumbles On. Here's What to Watch Next After Record Cattle Highs.
Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now!
The Cotlook A Index was up 50 points at 78.25 cents on August 6. ICE cotton stocks were steady on 8/5, with the certified stocks level at 21,617 bales. USDA's Adjusted World Price (AWP) was down 13 points on Thursday afternoon at 54.39 cents/lb.
Oct 25 Cotton closed at 64.96, down 74 points,
Dec 25 Cotton closed at 66.43, down 41 points,
Mar 26 Cotton closed at 67.9, down 29 points
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Apple Inc. (AAPL) Might Be The Largest Taxpayer In America, Says Jim Cramer
We recently published . Apple Inc. (NASDAQ:AAPL) is one of the stocks Jim Cramer recently discussed. Apple Inc. (NASDAQ:AAPL) scored a major win yesterday after President Trump announced that the firm would be exempt from his latest set of semiconductor tariffs. Cramer has spent a lot of time discussing the firm recently, particularly in the context of its troubles with the Trump administration. He advised Apple Inc. (NASDAQ:AAPL) to spend money in the US to woo Trump, and in these remarks, he discussed Apple Inc. (NASDAQ:AAPL) first with CNBC's Megan Costello and then with co-hosts David Faber and Carl Quintanilla: 'Okay so Meghan, despite the fact that they produce 19 billion chips in the US, that they're opening 24 factories in the US in 12 different states, that they've probably been the most important if not the [inaudible] for TSMC, what do they need to do for the President to stop saying that those phones that are made in India must be made here? 'Let's say we saw some valuations this morning, OpenAI, ChatGPT, worth 500 billion. Perplexity we had worth 19 billion. Now so if Apple writes a check for what they made this month, for 25 billion, they get Perplexity and then we have a 250 dollar stock' While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Effettua l'accesso per consultare il tuo portafoglio
Yahoo
2 hours ago
- Yahoo
Textron Inc. (TXT) Delivers ARV Systems Integration Lab (SIL) To Marine Corps
Textron Inc. (NYSE:TXT) is among the 11 Best Large Cap Defense Stocks to Buy According to Analysts. On August 5, the company announced that Textron Systems in May delivered the second Systems Integration Lab (SIL) for the Advanced Reconnaissance Vehicle (ARV) program to the U.S. Marine Corps. BPTU/ The lab replicates the interior of the C4UAS Cottonmouth vehicle, which will aid in modernizing the development of vehicle electronics using a Modular Open Systems Approach (MOSA). The updated SIL features a GVOS-based architecture with Tactical Assault Kit Extended framework to ease the integration of new capabilities. According to Textron Inc. (NYSE:TXT), Textron Systems performed a live demonstration of the SIL to U.S. government officials during the critical design review in October 2024. The company also stated that it is scheduled to deliver an ARV-30mm prototype to the Marine Corps later this year for testing and evaluation. The purpose-built Cottonmouth ARV will enhance the fleet's ability to perform reconnaissance operations through improved survivability, mobility, and mission packages for the Mobile Reconnaissance Battalion (MRB). Textron Inc. (NYSE:TXT) manufactures products for consumers across several industries by leveraging its network of aircraft, defense, finance, and industrial businesses. While we acknowledge the potential of TXT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Low Priced Defense Stocks to Buy Now and 10 Best Aerospace Stocks to Buy Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Why Shares of Apple Are Surging Today
Key Points Earlier this week, Apple announced a $600 billion investment in the U.S. That seemed to lower tensions between the company and President Donald Trump. One Wall Street analyst views the event as positive and raised his price target on the stock. 10 stocks we like better than Apple › Shares of Apple (NASDAQ: AAPL) traded nearly 4.3% higher as of 2:35 p.m. ET today. Analysts are more optimistic that the company has squashed some of the tariff drama with President Donald Trump's administration. Investing $600 billion in America will pay off for shareholders Many large tech companies have been in the crosshairs of the Trump administration, which seeks to bring more manufacturing back to the U.S. Trump recently announced that he would slap a 100% tariff on semiconductor imports unless companies are building or investing in the U.S. Earlier this week, Apple, which is one of the hardest-hit large tech companies by tariffs, announced a $600 billion U.S. investment. While it sounds costly, it's the better alternative to higher tariffs, Melius Research analyst Ben Reitzes wrote in a note today. Reitzes also reiterated a buy rating on the stock and raised his price target by $20 to $260. "It relieves Apple from paying incremental tariffs on U.S.-bound iPhones from India," Reitzes said, adding that a stronger iPhone production cycle could begin in the fall. "We are going to take a risk here and raise our target and our numbers, taking out a huge portion of our tariff hits." One problem potentially solved Apple's stock has struggled this year because of how much of the company's production is abroad in China, India, and Vietnam. Even after the big run this week, shares are still down about 5.5% on the year. The company has also struggled to convince investors that it has a strong road map in place for artificial intelligence. While that challenge remains, removing some of the tariff overhang is certainly a big step in the right direction and allows the company to focus more on its core business. Should you invest $1,000 in Apple right now? Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy. Why Shares of Apple Are Surging Today was originally published by The Motley Fool
