JERNIGAN GLOBAL
News Letter 21-Dec-2020

1. US EXPORT SALES CONTINUE NEAR RECORD AS DISCOUNT DRAWS BUYERS

2. CHINA’S DOMESTIC APPAREL SALES FAR OUTPACE THAT OF THE US IN NOVEMBER AS US RETAIL CENTERS REMAIN IN DISARRAY

3. XINJIANG SLAVE LABOR ISSUE DRAWS LOTS OF PRESS FOR COTTON

4. MEXICAN 2019/2020 EXPORT OFFERS NOTED; WILL THIS MARK THE END AS GOVERNMENT LIMITS GM COTTON SEED?

5. ARGENTINE CFR EXPORT BASIS FIRMS AS RAINS CONTINUE BELOW NORMAL

6. CHINA VIOLATES WTO RULES IN AUSTRALIAN EMBARGO; WILL THE BODY BE ABLE TO ACT?

7. CHINESE COTTON YARN PRICES MOVE HIGHER ALLOWING FOR COTTON PRICES TO ADVANCE

8. INDIA’S CCI MAKES LARGE SALE TO TRADE AS PRICES ADVANCE

9. BRAZIL PLANTING ADVANCES SLOWLY AND CROP SIZE IS IN DOUBT

10. BENEFICIAL RAINS FALL OVER PARTS OF AUSTRALIAN COTTON BELT

11. ICE FUTURES ADVANCE, STIMULATING WIDESPREAD ORIGIN SELLING