Cotton Posts Gains on Monday
Weekly Crop Progress data showed a total of 61% of the US cotton crop squaring, with 23% setting bolls. Condition ratings were up 2% to 54% gd/ex, as the Brugler500 index was up 3 points to 339.
Coffee Prices Surge on Dry Conditions in Brazil and Tariff Threats
Why Sunday's Open Isn't as Important as the Next Weekly Close
Coffee Prices Sharply Higher on Dry Weather in Brazil and Tariff Threats
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.
The Seam showed a total of 538 bales on online sales on Friday at 62 cents/lb. The Cotlook A Index was down 15 points on 7/10 at 78.45. ICE cotton stocks were down 824 bales on July 11 via decertification, with the certified stocks level at 34,509 bales. USDA's Adjusted World Price (AWP) was back down 63 points on Thursday afternoon at 54.71 cents/lb.
Oct 25 Cotton closed at 66.48, up 28 points,
Dec 25 Cotton closed at 68.11, up 69 points,
Mar 26 Cotton closed at 69.4, up 65 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
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Here's a high-potential stock to consider buying in July!
Carr's Group (LSE:CARR) could be a high-potential stock that's going under the radar. The company's entering a new era as a focused agricultural specialist and its streamlined profile, financial strength, and potential catalysts make it an intriguing proposition for value-oriented investors. What drives Carr's? After divesting its engineering division for £75m, Carr's is now a pure-play manufacturer of livestock nutrition products, mostly feedblocks, with roughly half its revenues coming from the UK and the other half from the US. This transformation has made Carr's much more dependent on the agricultural market cycle, leading to greater seasonality in its results as seen in H1 FY25. With production sites in Silloth, Ayr, and Bury St Edmunds, Carr's exports its specialist nutrition products globally, but the UK and US remain its key revenue drivers. Momentum after transition Recent interim results demonstrate the underlying momentum in the business. In H1 (six months to February) group revenue rose 7% to £50.6m, driven mainly by a strong 15% year-on-year increase in UK agriculture sales. Adjusted operating profit expanded even more, up 64% to £5.9m, as margins recovered from challenges seen during and after Covid. Yet, investors considering Carr's must look beyond the robust first half. Management's flagged that the second half of the year will likely be softer, particularly in the US, where herd sizes and demand for feedblocks remain below historic norms. Seasonality is pronounced, and with the company's new agricultural focus, volatility's inevitable. Management's cautious guidance suggests that the full-year will not simply double the strong interim figures. Running the maths I'm not going to try and guess where adjusted earnings will end up this year. However, statutory forecasts published online suggest the company's trading at 44 times forward earnings. Remember this is a statutory basis and the discrepancy with adjusted figures. However, this falls to 13 times for 2026 and nine times for 2027 as earnings improve. This would put Carr's on an earnings multiple that appears modest when set against its balance sheet strength and returning capital. Moreover, the pending tender offer could return up to £70m to shareholders, a dramatic gesture for a company of its market size. The dividend story's also promising, with the yield projected to climb from its current modest level toward 4% by 2027. Are tariffs a catalyst? One of the most significant catalysts for Carr's in the medium term is the impact of US trade policy. On one hand, higher tariffs and a weakening dollar don't bode well for Carr's' exports to the US. However, the market may prove to be fairly price inelastic. However, US tariff increases on imported beef are designed to protect and stimulate domestic livestock businesses. Over time, this could benefit Carr's materially as a larger US herd would, in theory, lead to greater demand for feedblocks and the like. For me, this is definitely a stock to watch. It's becoming a more agile business and I'm excited to see how it performs once that transition dust settles. It certainly deserves attention. The post Here's a high-potential stock to consider buying in July! appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool James Fox has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025
Yahoo
an hour ago
- Yahoo
China Galaxy International Downgrades PT on PDD Holdings (PDD) from $164 to $112
PDD Holdings Inc. (NASDAQ:PDD) is one of the best long term low volatility stocks to buy now. On May 30, China Galaxy International analyst Lei Yang downgraded the price target on PDD Holdings Inc. (NASDAQ:PDD) from $164 to $112, keeping a Hold rating on the shares. A close-up of a customer using the company's e-commerce platform whilst shopping online. Since the company is China-based, it is experiencing uncertainties due to Trump's tariffs. Reuters reported that the global discount e-commerce platform Temu, which is owned and operated by PDD Holdings Inc. (NASDAQ:PDD), underwent a whopping 48% drop in its daily US users in May compared to March. As a result, Temu's advertising spend in the country also dropped considerably. Morgan Stanley equity analyst Simeon Gutman said the following about the situation in a May note: 'While the tariff environment is uncertain, if the status quo remains for an extended period, we believe Temu's competitive threat will continue to weaken.' PDD Holdings Inc. (NASDAQ:PDD) is a Chinese multinational online commerce group and retailer that owns and operates a range of diverse businesses. It also has a strong logistics, sourcing, and fulfillment capabilities network that supports its operations. The company owns Pinduoduo, a popular online commerce platform in China, and also runs the fast-growing e-commerce marketplace Temu. Temu now operates in more than 50 countries worldwide. While we acknowledge the potential of PDD 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: 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.


New York Times
2 hours ago
- New York Times
Thiago Almada's Atletico Madrid move sums up the transfer industry in 2025
This week's transfer of Argentinian midfielder Thiago Almada from Brazil's Botafogo to Spanish club Atletico Madrid is a good example of the complexity of the modern global football transfer market. Almada's arrival was announced by Atletico with a short statement on Tuesday evening. The move caught some in Spain by surprise, given the La Liga side had already signed creative midfielder Alex Baena from Villarreal for a reported €50million (£43.3m/$58.2m) and were in the process of completing the arrival of U.S. international midfielder Johnny Cardoso from Real Betis for around €30m. But Almada had long been on Atletico's radar. Advertisement Months after the Argentina international first joined Botafogo in July last year from MLS side Atlanta United for an initial $21million (£15.6m at the current rate), the Brazilian club's majority owner John Textor told the Ole Sports Summit that 'a friend' at Atletico had initially recommended he take a look at the player. That tip-off worked out well. In just six months with the Rio de Janeiro-based team, Almada helped win the Brazilian Serie A title and their first ever Copa Libertadores trophy — South America's Champions League equivalent. In January, he joined Lyon of France's Ligue 1 top flight, another club owned by Textor's Eagle Football Group (which is also a shareholder in Crystal Palace of the Premier League, although it is about to sell its 43 per cent stake to Woody Johnson, owner of the NFL's New York Jets — but that's a whole other story), on loan for the rest of the season. Almada scored twice in 20 appearances across all competitions to help them qualify for next season's Europa League (another complicated story also involving Palace). Lyon initially wanted to buy Almada outright, with a €27million purchase price put in place during the winter transfer window, but Ligue 1's DNCG (Direction Nationale du Controle de Gestion) management committee would not allow this, due to the club's deep financial issues, so Botafogo needed to find different takers for the 24-year-old. Benfica of Portugal were among the clubs interested but Atletico presented themselves as a solution and, on Thursday, Almada signed a five-year deal with the La Liga heavyweights, while posing for the cameras with their chief executive Miguel Angel Gil Marin. Exact details of the deal to take him to the Spanish capital were not made public but sources, speaking on the condition of anonymity to protect relationships, say Botafogo will receive around €23million up front, plus add-ons, depending on performances. Atletico are happy to have Almada but signing him means they now have four 'non-EU' players on their books and La Liga rules only allow three such players in your squad, so one of Brazilian winger Samuel Lino, English midfielder Conor Gallagher and Argentine right-back Nahuel Molina will have to leave for the newcomer to be registered with the league. Advertisement Negotiations over Almada were made easier as he shares an agent, Augustin Jimenez, with Angel Correa, who was last week sold to Mexican club Tigres after 11 years with Atletico, and another Argentina international at the club, Rodrigo De Paul. De Paul is also close to leaving to join Inter Miami and link up with his national-team captain Lionel Messi at club level. Atletico are open to the idea: De Paul is 31 years old, has less than 12 months left on his contract, and is also one of the best-paid members of the squad, costing them around €13million a year (including tax) in wages. Miami, however, do not currently have a free 'designated player' spot for De Paul to fill, so it is difficult for them to pay him anything close to his current salary. A potential solution could be to join Miami initially on loan, with Atletico covering some of his wages in the short term, but the La Liga club would prefer a permanent move this summer. Meanwhile, a Los Angeles headquartered firm named Ares Management has a financial interest in all of Atletico, Botafogo, Lyon and Miami. The company has provided €400million in funding to Textor's Eagle group, which includes the Brazilian and French sides, invested €220m in Atletico Holdco, the company which is the Spanish team's majority shareholder and provided $225m to help Miami's establishment and growth in MLS since the club was founded in 2018. Meanwhile, on Wednesday morning, less than eight hours after Atletico's signing of Almada was announced, Spanish business newspaper Expansion reported that another U.S. firm, Apollo Global Management, was in negotiations to invest in the club's ownership structure. Atletico sources confirmed they were talking to many potential investors as they look for funding for an €800million 'Sports City' project on land it owns surrounding their Estadio Metropolitano home ground. The scheme involves building a new training complex for Diego Simeone's first team, public facilities for golf, padel and skating, and what is planned as Europe's biggest inland surfing centre. Advertisement The connections go even further. In a personal capacity, Jim Miller and Mark Affolter, who hold senior positions at Ares, and Inter Miami's president Jorge Mas are part of the ownership group at Spanish second-division side Real Zaragoza. Raul Sanllehi, once of Arsenal, was Zaragoza's CEO from March 2022 until being named Miami's president of football operations last June, and the MLS team's chief soccer officer Alberto Marrero previously ran Atletico's sister clubs in North America: Atletico San Luis of Mexico's Liga MX and Canadian Premier League club Atletico Ottawa. There is absolutely no suggestion that any of the clubs or individuals involved in any of the deals mentioned in connection with Almada's move to Atletico Madrid have done anything wrong, legally or morally. Almada could well turn out to be a very good investment for them — he has four goals in 10 international appearances, was part of Argentina's triumphant 2022 World Cup squad and, having turned 24 in April, is at an age where he should be coming towards the prime years of his career. Yet, all the links detailed in this article illustrate the complexity of the modern football industry, and the many financial and personal ties which bind together different clubs in various leagues across many continents. (Other contributor: Guillermo Rai)