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Yahoo
3 days ago
- Business
- Yahoo
Cotton Slipping Lower into the Weekend
Cotton price action is trading with 17 to 42 point losses across the nearby contracts on Friday. Crude oil futures are back down 16 cents per barrel, with the US dollar index down $0.301 to $98.145. The Seam showed sales of 385 bales on Thursday, with an average price of 68.25 cents/lb. The Cotlook A Index was unch at 79.30 on July 17. ICE cotton stocks saw 1,144 decertifications on 7/17, with the certified stocks level at 23,481 bales. USDA's Adjusted World Price (AWP) was up a tick on Thursday at 54.72 cents/lb. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Dollar Strength Sparks Long Liquidation Pressures in Coffee Futures Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Oct 25 Cotton is at 66.83, down 42 points, Dec 25 Cotton is at 68.57, down 23 points, Mar 26 Cotton is at 69.91, down 17 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
Yahoo
3 days ago
- Business
- Yahoo
Cotton Sneaking Out Gains on Friday AM Trade
Cotton price action is up 14 to 22 points across the front months on Friday morning. Futures saw strength on the Thursday session with contracts up 24 to 30 points at the close. Crude oil futures were up $1.21 per barrel on Thursday, with the US dollar index rising $0.295 to $98.370. The Seam showed sales of just 21 bales on Tuesday, with an average price of 48..60 cents/lb. The Cotlook A Index was up 55 points at 79.30 on July 16. ICE cotton stocks saw 10,753 decertifications on July 16, with the certified stocks level at 23,481 bales. USDA's Adjusted World Price (AWP) was up a tick on Thursday at 54.72 cents/lb. More News from Barchart Coffee Prices Retreat Due to a Stronger Dollar Cocoa Prices Finish Sharply Lower as Global Cocoa Demand Craters Dollar Strength Sparks Long Liquidation Pressures in Coffee Futures 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! USDA-FAS reported weekly upland cotton sales of 5,500 running bales (RB) for the week of July 4-10 on Thursday morning. That was a sharp 93% decline from the previous, pre-holiday week. Vietnam was the largest buyer. Another 73,000 RBs were booked for 2025/26 crop year delivery. Pima sales for the two years were 2,600 RB and 3,400 RB respectively. Oct 25 Cotton closed at 67.25, up 30 points, currently up 19 points Dec 25 Cotton closed at 68.8, up 24 points, currently up 22 points Mar 26 Cotton closed at 70.08, up 25 points, currently up 16 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 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

TimesLIVE
22-05-2025
- Sport
- TimesLIVE
Hard working Yusuf scoops top prize at Lions' end of season awards
NB: PLEASE DON'T PUBLISH, THIS IS EMBARGOED Seam bowler Codi Yusuf earned recognition for multiple seasons of good returns by being named the Gauteng Lions' Player of the Season on Thursday night. The 27 year old, now contracted to English County Durham, has often operated out of the spotlight in a star-studded Lions side but got his moment to shine at the Lions' awards dinner where he walked away with four gongs including bowler of the year in both the four-day and one-day competitions. The Knysna-born right arm seamer has become one of the most reliable players on the domestic circuit and has never shirked responsibility when a captain has called on him to deliver a spell. A relentless worker, his constant improvement in the past few seasons earned him an SA A call-up at the start of last season when Sri Lanka toured, and while he didn't perform in the manner he'd have hoped — with the national coach Shukri Conrad watching — the lessons from that series were applied when he turned out for the Lions.


Daily Maverick
22-04-2025
- Daily Maverick
Painting the future: How an actuary is transforming Newlands Forest's fight against poaching
Willem Boshoff fell in love with Newlands Forest in 2019. Back then, he assumed SANParks was felling trees for ecological reasons. But when he encountered stripped, ring-barked trees — sometimes completely dead — and spoke to rangers, he learned the truth: this was no management strategy. It was poaching. A quiet war has been raging in Newlands Forest on the slopes of Cape Town's Devil's Peak. It's a battle against bark strippers – people who hack into the ancient trees of this precious indigenous woodland to sell their bark for traditional medicine, often leaving behind dead or dying giants of the forest. This month saw a breakthrough. Following a tip-off, South African National Parks and Sea, Air and Mountain (Seam) rangers conducted a foot patrol along the Woodcutter's Trail where they heard chanting and chopping sounds — clear signs of illegal activity. When they closed in, they found four individuals actively stripping bark: two hacking at the trunks, the others stuffing the loot into backpacks. The suspects fled, abandoning their tools. Thanks to a Seam (Sea, Air, and Mountain) K9 unit and swift ranger response, three of the four were apprehended. Confiscated items included a panga, an axe and four backpacks bulging with bark. The suspects were taken to Claremont SAPS and formally charged. While this might seem like a small victory, it's part of a broader, community-driven effort that's been steadily gaining ground – led, somewhat improbably, by an actuary with a paintbrush. Poaching Willem Boshoff fell in love with Newlands Forest in 2019. Back then, he assumed SANParks was felling trees for ecological reasons. But when he encountered stripped, ring-barked trees — sometimes completely dead — and spoke to rangers, he learned the truth: this was no management strategy. It was poaching. He was deeply affected. 'My poor wife had to deal with me walking around in the forest at 10 o'clock at night with a head torch and pepper spray trying to catch these guys,' he recalls. With the pandemic came an explosion in bark stripping. Seeking solutions, Boshoff read about urban arborists who deter stripping by painting tree bark. He tested the idea in the forest using diluted grey PVA paint. 'People were stripping all around it but not the painted trees. We'd found a solution,' he says. Support flowed in from public donors and groups like the Sugarbird Trust. With funding, Boshoff and a team began systematically painting trees — starting with mature specimens of Cape beech, assegai, and stinkwood, the species most targeted by poachers. Over six months, they painted more than 3,000 trees. 'The project has been an enormous success,' says Boshoff. 'Not a single tree we've painted has been stripped.' Bark from certain indigenous trees is used in traditional medicine. While some of this use is rooted in cultural practice, much of the modern trade is purely commercial. Boshoff is careful not to demonise tradition. 'We're not critical of a practice that has been going on for centuries,' he explains, 'we are critical about it being done in a completely unsustainable manner.' He notes that the bark from old trees — sometimes 150 years or older — is irreplaceable. 'If you shoot a mature rhino, in six years you've got a mature rhino again. If you ring-bark an old tree, that's a 150-year hole in the forest.' Table Mountain National Park is unusually vulnerable. Enforcement There are no fences, and it borders a metropole of more than 4.5 million people. Bark stripping is low on the prosecution priority list, and enforcement is tricky in such dense terrain. Yet public engagement is growing. Community groups like Friends of Table Mountain and Take Back Our Mountains are investing hundreds of thousands of rand in trail maintenance and security initiatives. The Sugarbird Trust has installed Snapscan-linked signs for forest donations — one recently yielded R50,000 from a single donor. Even with these efforts, the forest needs guardians. 'As users we need to contribute to the park's upkeep,' says Boshoff. 'It's not just about individual trees. The whole ecosystem is a beautiful thing.' The recent arrests show that coordinated enforcement still matters. But it's the blend of community involvement, creative deterrents, and quiet commitment — like Boshoff's brushstrokes — that seems to be turning the tide. As for Boshoff, his hope is simple: 'I want future generations to be able to walk into Newlands Forest, look up at a 200-year-old tree, and marvel at its beauty. I think it's worth protecting.' DM