Stick to the basics when deciding on cotton marketing actions.

That’s the advice of a Texas A&M AgriLife Extension Service cotton economist for growers looking ahead to future prices. Dr. John Robinson, College Station, made that recommendation on the recent Ag Market monthly conference call and said despite recent news headlines, the fundamentals of supply and demand isa good compass for forecasting future prices.

“I expect this year’s December and next year’s (Dec. ‘14) harvest time futures contracts to continue to trade in their current ranges,” Robinson said.“I want to point out the current spread of December 2014 is about a nickel below December 2013, which implies there is already an expectation of a Chinese unwinding some of their stocks.”

Learn more about cotton marketing actions.

If you are enjoying reading this article, please check out Southwest Farm Press Daily and receive the latest news right to your inbox

Also of interest on Southwest Farm Press:

Most U.S. cotton production now goes abroad

West Texas production off but some good cotton being made

Cotton tour offers insight into W. Texas industry