# Cotton market improvement feared temporary | 2017-05-25 | Agri-Pulse | Agri-Pulse Communications, Inc.

> US cotton futures spiked to 87.18 cents per pound before Agriculture Secretary Perdue's May 15 testimony, then fell back to about 78 cents. December 2017 futures have traded near 73 cents. Perdue said the price gains were good news but signaled he was unlikely to make cotton eligible for Price Loss Coverage.

- Date: 2017-05-25 · published 2017-05-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71137-cotton-market-improvement-feared-temporary-2017-05-25-agri-pulse-agri-pulse
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Analysts expect the rally in old-crop cotton to fade as increased plantings keep pressure on prices. Cotton is not in the commodity list, so the direct feed-price effect is limited.

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/9295-cotton-market-improvement-feared-temporary

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.