JERNIGAN GLOBAL
News Letter 04-Jan-2021

1. US SOYBEAN PRICES SOAR AND STOCK LEVELS SHRINK; HOW WILL COTTON ACREAGE HOLD UP?

2. XINJIANG SLAVE LABOR FACTORIES IDENTIFIED IN ALL MAJOR COTTON AREAS SHOCKING GROWTH IN FACTORIES CONTINUED IN 2020 EU TURNS THE OTHER CHEEK AND APPROVES INVESTMENT TREATY

3. CHINA-MADE, SIX-ROW ROUND BALE COTTON PICKERS UNVEILED IN XINJIANG

4. THE RISE OF CHINA’S DOMESTIC APPAREL MARKET; 12 CITIES NAMED IN VOGUE 2020 INDEX CHINA CITIES RISE IN IMPORTANCE TO REPLACE TROUBLED US METRO CENTERS

5. US FASHION CAPITAL DESCENDS INTO CHAOS AS YEAR ENDS

6. MAJOR RAINS BOOST AUSTRALIAN CROP PROSPECTS

7. US SPOT TRADE VERY ACTIVE, FOB BASIS WEAKENS

8. US EXPORT SALES REMAIN BRISK/CHINA FAILS TO MEET ALL TRADE AGREEMENT REQUIREMENTS

9. ICE ENDS YEAR ON ITS HIGHS AMID GROWING TIGHTNESS IN STOCKS