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Barry Evans: 2021 Joe O'Neill Cotton Marketer of the Year


When I graduated from college, I was a commodity futures broker for eight years, Evans said in a recent interview with Farm Press.
Before transitioning into the family farm in the early 90s, Evans received his bachelor s in agricultural business and economics from West Texas A&M University, Canyon. I ve been around the markets my entire adult life, he said.
When people think of marketing, they often think of selling commodities at a good price, he says. But I promise you, I m the last one who knows what the market s going to do.
For years, Evans made marketing decisions based on what he thought the markets might do. But that wasn t a successful strategy. Irrelevant to what you think the market s going to do, you need to have a plan and make decisions to be profitable on your farm. ....

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Cotton prices hit 10-year high of Rs11,000/maund


Business
January 10, 2021
KARACHI: Cotton prices in the local market hit a 10-year high of Rs11,000 per maund (40kg) in the week, mostly because of decreasing production and rising demand, while import orders for 4.2 million bales have also been finalised, traders said on Saturday.
Dealers said due to a decline in production, millers kept buying in the market, whereas ginners remained interested in selling because of favourable prices. Cotton rates increased Rs400 to Rs500/maund. In addition, prices of cotton yarn ad polyester also increased in the market.
High quality cotton rates increased to Rs11,000 per maund, which is the highest level in the last 10 years. Earlier, prices had crossed this level in 2010-11 when there was huge demand from China and rates reached Rs14,000 per maund. The prices around the world had also increased to abnormal levels in that year. ....

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Cotton lint prices reach Rs10,300 per maund amid shortage


Cotton lint prices reach Rs10,300 per maund amid shortage
Business
December 20, 2020
KARACHI: Cotton lint prices touched the Rs10,300 per maund level for the second time this season as almost V-shaped recovery in textile industry in Pakistan amid the global pandemic turbulence sharpened demand of the industrial input, it was learnt on Saturday.
Cotton lint prices in the local market increased around Rs500 to Rs700 per maund. It is second time in the season that lint price reached to Rs10,300 per maund level, according to traders.
Traders are expecting prices to reach at the highest level of the season at Rs10,500 per maund in the coming days due to shortage of lint in the market. ....

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