| sloughclub - 12/23/2025 10:24
Except for the fact that all those commodities are no where near historical price lows ,no where near , cotton is yet prices for its 100 percent cotton products in the stores are as you quoted for the other commodities that aren’t, I understand everything is that way for commodity producers to a point that’s true , I have enjoyed the conversation and as I’ve always said farmers are terrible marketers,seems to be the nature of the beast , Merry Christmas to all
IDK. I think you are slightly misled. The all time low in cotton was in 2001 at 28.20. The longterm structural support is 39.23. The price in 2001 is about 44 pct of where it is today so its a long way from historical lows.
Corn all time low was in 1968 at 1.01. 2001 year of low was 1.87.
Lets assume that cotton trades to 48 - fullfilling its obligations. That would be approximately 71% above the all time lows.
Now lets assume that corn fullfills it's physics obligation and trades to 3.00. In that case, corn would be 60% higher than 2001 lows.
The numbers suggest while its painful, its not anywhere near all time new lows, and its likely that cotton will suffer less in the end.
Take care
Edited by NEIAAG 12/23/2025 18:35
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Silver again
