News Details

December cotton surged above 92 cents/lb to a new contract high, up 20+% since mid-June

(Aug 28, 2026)
Rally reflects a growing weather premium, with extreme heat & drought damaging Texas cotton while excessive rainfall is hurting crops across the Deep South & Southeast at a critical stage. With acreage already near decade lows, declining yields and deteriorating crop conditions are further tightening production prospects. Add more Chinese demand = $100?
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.