Texas-Oklahoma Producer Cotton Market Summary: 1995/1996

The Texas-Oklahoma producer cotton market exhibited different patterns in 1995/96 from previous years. The average producer price and the price for base quality cotton were both higher than previously observed. Quality attributes were generally higher, except for micronaire and bark content. Price movements over the marketing season failed to exhibit a seasonal trend, unlike the two previous years. Price discounts for color, short staple, low strength, low micronaire, and bark all increased compared to the 1994/95 season. Price premiums for color and strength increased and premiums for leaf content decreased.