Jernigan Global Weekly
Posted : May 23, 2020

JERNIGAN GLOBAL
News Letter 11-May-2020

1. INDIAN EXPORTS MOVE INTO SPOTLIGHT AS DISCOUNTS DRAW ATTENTION

2. US FOB BASIS LEVELS WEAK DESPITE FUTURES PRICE LEVELS; NEW CROP SALES LAG

3. TURKEY’S ROBUST CONSUMPTION HAS COME TO A HALT

4. US TEXTILE AND APPAREL IMPORTS FALL 12.6%; COTTON’S MARKET SHARE INCREASES

5. US & BRAZILIAN DOMINATING VIETNAM OFFTAKE DESPITE PREMIUMS

6. US OUTSTANDING 2019/2020 SALES STAND AT 5.757 MILLION RB WITH 90 DAYS LEFT IN SEASON

7. US CROP CONCERNS INCREASE AS WET, COLD WEATHER DOMINATES SOUTHERN CROP BELT

8. ICE FUTURES; UNUSUAL BEHAVIOR RAISES A HOST OF QUESTIONS

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