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Disclaimer:
This web page is designed to aid farmers with their marketing and risk
management decisions. The risk of loss in trading futures, options,
forward contracts, and hedge-to-arrive can be substantial and no warranty
is given or implied by the author or any other party. Each farmer must
consider whether such marketing strategies are appropriate for his or her
situation. This web page does not represent the views of Kansas State
University. |
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Historical Cotton Market Prices and MPCI |
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Price Elections |
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NYCE Cotton December |
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NYCE Cotton October |
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CRC |
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Dec 15-Jan 14 |
CRC |
CRC |
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Cotton |
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Cotton |
Cotton |
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Sep |
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RMA |
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Jan 15 to Feb 14 |
High |
Low |
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Nov |
% |
High |
Low |
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Avg. |
% |
RA |
Cotton |
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Plant |
Price |
Price |
Harv. |
Avg. |
Price |
Plant |
Price |
Price |
Harv. |
Change |
Price |
Volatile |
Price |
Long |
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Year |
Price |
Factor |
Factor |
Price |
Change |
Change |
Price |
Factor |
Factor |
Price |
Change |
Elec. |
Staple |
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1 |
2008 |
0.77 |
0.091 |
0.091 |
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0.74 |
0.058 |
0.058 |
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0.20 |
0.66 |
1.20 |
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2 |
2007 |
0.59 |
0.046 |
0.046 |
0.62 |
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0.58 |
0.065 |
0.065 |
0.61 |
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0.16 |
0.52 |
1.18 |
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3 |
2006 |
0.60 |
0.056 |
0.056 |
0.49 |
(0.11) |
-18.3% |
0.57 |
0.067 |
0.067 |
0.51 |
(0.06) |
-10.5% |
0.19 |
0.52 |
1.05 |
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4 |
2005 |
0.50 |
0.052 |
0.052 |
0.50 |
0.00 |
0.0% |
0.48 |
0.067 |
0.067 |
0.50 |
0.02 |
4.2% |
0.21 |
0.52 |
0.95 |
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5 |
2004 |
0.68 |
0.070 |
0.070 |
0.46 |
(0.22) |
-32.4% |
0.67 |
0.067 |
0.067 |
0.51 |
(0.16) |
-23.9% |
0.17 |
0.60 |
1.00 |
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6 |
2003 |
0.59 |
0.060 |
0.060 |
0.73 |
0.14 |
23.7% |
0.57 |
0.340 |
0.340 |
0.62 |
0.05 |
8.8% |
0.14 |
0.52 |
0.80 |
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7 |
2002 |
0.43 |
0.580 |
0.560 |
0.48 |
0.05 |
11.6% |
0.42 |
0.424 |
0.424 |
0.42 |
0.00 |
0.0% |
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0.52 |
0.83 |
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8 |
2001 |
0.61 |
0.580 |
0.560 |
0.34 |
(0.27) |
-44.3% |
0.64 |
0.237 |
0.246 |
0.36 |
(0.28) |
-43.8% |
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0.62 |
1.00 |
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9 |
2000 |
0.61 |
0.590 |
0.570 |
0.65 |
0.04 |
6.6% |
0.55 |
0.239 |
0.246 |
0.63 |
0.08 |
14.5% |
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0.61 |
0.83 |
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10 |
1999 |
0.62 |
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0.50 |
(0.12) |
-18.7% |
0.64 |
0.700 |
0.680 |
0.51 |
(0.13) |
-20.2% |
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0.65 |
1.00 |
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11 |
1998 |
0.72 |
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0.66 |
(0.06) |
-8.6% |
0.72 |
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0.73 |
0.01 |
1.9% |
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0.70 |
1.00 |
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12 |
1997 |
0.77 |
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0.71 |
(0.06) |
-7.5% |
0.77 |
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0.72 |
(0.05) |
-5.9% |
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0.69 |
1.15 |
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13 |
1996 |
0.78 |
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0.72 |
(0.05) |
-7.0% |
0.79 |
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0.74 |
(0.05) |
-5.9% |
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0.67 |
n/a |
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14 |
1995 |
0.74 |
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0.86 |
0.12 |
15.5% |
0.77 |
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0.89 |
0.12 |
15.1% |
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0.68 |
n/a |
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15 |
1994 |
0.69 |
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0.74 |
0.04 |
6.5% |
0.67 |
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0.70 |
0.03 |
4.4% |
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0.59 |
n/a |
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16 |
1993 |
0.61 |
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0.59 |
(0.02) |
-3.3% |
0.60 |
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0.57 |
(0.03) |
-5.4% |
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0.59 |
n/a |
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17 |
1992 |
0.61 |
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0.56 |
(0.05) |
-8.1% |
0.64 |
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0.57 |
(0.07) |
-11.1% |
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0.59 |
n/a |
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18 |
1991 |
0.66 |
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0.58 |
(0.08) |
-11.4% |
0.68 |
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0.65 |
(0.03) |
-5.1% |
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0.56 |
n/a |
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19 |
1990 |
0.65 |
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0.74 |
0.10 |
14.8% |
0.65 |
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0.74 |
0.09 |
13.6% |
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0.56 |
n/a |
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20 |
1989 |
0.58 |
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0.72 |
0.14 |
23.5% |
0.58 |
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0.73 |
0.15 |
25.8% |
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0.55 |
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21 |
1988 |
0.61 |
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0.55 |
(0.06) |
-10.1% |
0.65 |
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0.54 |
(0.11) |
-17.6% |
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0.60 |
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22 |
1987 |
0.55 |
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0.69 |
0.14 |
24.6% |
0.57 |
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0.75 |
0.18 |
31.5% |
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0.48 |
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23 |
1986 |
0.49 |
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0.48 |
(0.00) |
-0.4% |
0.51 |
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0.41 |
(0.10) |
-19.0% |
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0.55 |
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24 |
1985 |
0.67 |
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0.61 |
(0.06) |
-9.3% |
0.68 |
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0.59 |
(0.09) |
-12.8% |
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0.65 |
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25 |
1984 |
0.72 |
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0.65 |
(0.06) |
-8.9% |
0.74 |
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0.64 |
(0.10) |
-13.2% |
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0.70 |
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26 |
1983 |
0.68 |
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0.79 |
0.11 |
16.6% |
0.68 |
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0.77 |
0.09 |
13.4% |
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0.70 |
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27 |
1982 |
0.72 |
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0.63 |
(0.09) |
-12.8% |
0.69 |
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0.63 |
(0.06) |
-8.1% |
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0.70 |
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28 |
1981 |
0.84 |
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0.63 |
(0.21) |
-25.0% |
0.88 |
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0.64 |
(0.24) |
-27.1% |
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0.60 |
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29 |
1980 |
0.76 |
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0.89 |
0.13 |
16.4% |
0.75 |
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0.92 |
0.17 |
22.6% |
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0.50 |
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30 |
1979 |
0.64 |
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0.68 |
0.04 |
6.4% |
0.67 |
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0.64 |
(0.03) |
-4.5% |
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0.45 |
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31 |
1978 |
0.59 |
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0.68 |
0.09 |
15.0% |
0.57 |
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0.62 |
0.05 |
9.5% |
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0.35 |
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32 |
1977 |
0.66 |
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0.51 |
(0.15) |
-22.9% |
0.70 |
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0.52 |
(0.18) |
-26.3% |
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0.35 |
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33 |
1976 |
0.58 |
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0.80 |
0.22 |
38.2% |
0.59 |
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0.76 |
0.17 |
28.4% |
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0.35 |
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34 |
1975 |
0.44 |
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0.54 |
0.10 |
22.4% |
0.41 |
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0.53 |
0.12 |
30.1% |
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0.35 |
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35 |
1974 |
0.66 |
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0.42 |
(0.24) |
-36.8% |
0.71 |
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0.49 |
(0.22) |
-31.1% |
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0.25 |
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36 |
1973 |
0.33 |
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0.73 |
0.40 |
121.6% |
0.34 |
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0.89 |
0.55 |
162.9% |
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0.25 |
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Average Price |
0.63 |
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0.63 |
0.001 |
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0.64 |
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0.63 |
(0.001) |
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Sd. Deviation |
0.11 |
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0.13 |
0.142 |
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0.12 |
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0.14 |
0.157 |
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Max Price Increase |
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0.403 |
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0.554 |
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Max Price Decrease |
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(0.270) |
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(0.280) |
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