United States: The Impact Of The Hurricane Is Not Small, Cotton Harvest Interruption In The Central And Eastern Region
From October 23 to 29, 2020, the average price of standard grade spot in seven major markets in the United States was 66.19 cents / pound, up 0.47 cents / pound over the previous week and 4.14 cents / pound compared with the same period last year. During the week, 17291 packages were traded in the seven major spot markets in the United States, with a total of 301037 packages in 2020 / 21.
The spot price of Upland Cotton in various regions of the United States rose. The foreign demand of Texas region was general, the demand of China, Pakistan and Turkey was the best, the foreign demand of western desert area was general, the foreign inquiry of St. Joaquin area was light, the price of Pima cotton was stable, and the foreign demand was the same.
In the same week, domestic textile mills in the United States made inquiries for 31 / 41-4-34 / 36 cotton to be shipped from January to October 2021. With the recovery of demand for end products, the start-up rate of textile mills continued to rise. Some factories began to arrange contracts for delayed shipment in the early stage, but they still maintained a cautious attitude. The inventory can be used in the fourth quarter of this year. The main products are still front-line personal protective equipment and military goods. American cotton export demand is weak, China, Pakistan and Turkey have inquired about the low price varieties to be shipped from January to October 2021.
After landing near New Orleans, Texas, category II hurricane zeta quickly passed through the south of Southeast China and was downgraded to a tropical storm. However, the strong winds with a speed of 60-80 mph caused great damage to the places it visited. There were 50-100 mm rainfall in central Alabama, central and northern Georgia, and floods occurred in some areas. Harvest work entered the climax before the hurricane again Due to the impact of the hurricane, there were 25-50 mm rainfall and strong wind in the north of Southeast China, and the field operation was delayed, and the processing slowly entered the climax.
The temperature in the north of the delta is high, and the rainfall caused by the hurricane is as high as 100 mm. The harvest and processing work is suspended due to rainstorm and flood. The quality and yield of new cotton are affected, but the overall impact is expected to be moderate; The southern part of the Delta region has been hit by three hurricanes in succession, with 125 mm rainfall and storm in the main production area, and some defoliation cotton fields have not been harvested. The specific losses are still unclear. The harvest in this region has been mostly completed, but the progress has been delayed for about two weeks. The yield and quality of new cotton, especially the color grade, have been affected.
Cotton fields in the south of Texas and the northern coastal areas are in the process of turning over the land. Some of the ginning plants have finished their work. The weather is mainly cloudy. Some areas have suffered from freezing rain and snow. Most areas have completed the harvest. Other parts of central and eastern Texas were also affected by the hurricane, more than 100 mm of rain and strong winds, the harvest work was interrupted. Due to freezing rain and snow weather in western Texas, the harvest was interrupted and the roads were not passable, resulting in the delay of harvest work.
Cold air activity occurred in the western desert area, and the harvest reached a climax, and the yield per unit area was less than 3 bales / acre. The cold air brought rain and snow weather, and the harvest and processing work were delayed. All the ginning plants in St. Joaquin area were started and the harvest reached a climax. The weather in Pima cotton area was fine, the harvest reached a climax, and the processing work was pushed forward at full speed.
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