JERNIGAN GLOBAL
News Letter 15-Nov-2021

1. INDIA DIWALI & RECORD COTTON PRICES ADD TO GLOBAL GROWTH PROSPECTS

2. US CFR BASIS LEVELS REACH NEW EXTREMES: ARE THEY PEAKING? IS A E/MOT M 1 1/8 WORTH 2100 ON?

3. BIG WET PRODUCES HEAVY RAINS & FLOODING AS USDA INCREASES AUSTRALIAN CROP

4. GINNING DATA SUGGEST NORTHERN XINJING CROP MAY BE SMALLER THAN EXPECTED

5. USDA WASDE RAISES CROPS OF THE LARGEST EXPORTERS

6. BRAZIL FOB BASIS LEVELS RETURN TO NORMAL

7. TURKISH MILLS APPEAR TO BE DEALING WITH RECORD LOW LIRA

8. FERTILIZER COST FOR FARMERS SOAR TO NEW RECORDS

9. ICE REMAINS FIXATED ON DEC INVERT THAT REMAINS