BAL iPath Series B Bloomberg Cotton Subindex Total Return ETN Loading... : Bullish and Bearish Analyst Opinions
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Top Calls
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13:26
Jul 16
Jul 16
Long cotton despite recent pullback.
Cotton experienced a massive uptrend in recent months and, despite a pullback, the fund remains long as the overall trend is still intact.
HIGH
16:01
Jul 10
Jul 10
USDA WASDE report shows corn ending stocks at 1.790 billion bushels, soybean stocks unchanged at 310 million, wheat stocks at 722 million, and cotton stocks at 4.10 billion bales.
16:01
Jul 10
Jul 10
USDA WASDE report shows lower corn ending stocks at 1.790 billion bushels while soybean stocks held steady and cotton stocks increased from previous estimates.
16:00
Jun 11
Jun 11
USDA WASDE report shows corn ending stocks slightly above estimates while wheat and cotton stocks came in lower than expected.
15:25
Apr 23
Apr 23
E-15 waiver supports ethanol and corn.
The EPA's fifth consecutive extension of the summer E-15 waiver provides a modest but real positive for ethanol demand and puts a floor under corn demand, as ethanol consumes about a third of the U.S. corn crop. Continued policy support makes the mandate look permanent, encouraging infrastructure investment, but upside is capped because E-15 is only available at a small fraction of stations.
MED
19:50
Apr 20
Apr 20
E-15 waiver boosts ethanol and corn demand.
The EPA's fifth consecutive extension of the summer E-15 waiver provides policy consistency that encourages gas station infrastructure investment, leading to increased ethanol demand from higher blend rates. Since 95% of US ethanol is corn-based and ethanol consumes about a third of the US corn crop, this increased demand supports corn demand, putting a floor under prices. Although the volume impact is currently limited due to few stations offering E15, the directional signal is clear, making it a structural positive for ethanol producers and corn markets.
HIGH
14:45
Apr 14
Apr 14
Energy costs push up food commodity prices.
Higher energy prices are driving up food commodity prices through biofuel links and production costs; for example, soybean oil, sugar, and cotton have seen price increases due to ethanol production and synthetic fiber substitution.
MED
19:46
Mar 13
Mar 13
I'm certainly bullish the grain market. I thought the grains are bottomed... I'm certainly bullish cotton. Agricultural and soft commodities have been beaten down and have formed a technical bottom. When the overvalued equity market eventually sells off, institutional funds will rotate their capital into these undervalued, hard assets. Going long grains and cotton positions a portfolio ahead of the institutional capital rotation out of tech and equities and into cheap commodities. A severe global recession could destroy demand across all asset classes, dragging down even undervalued agricultural commodities.
21:37
Mar 02
Mar 02
"In the Midsouth, other competing crops such as rice and cotton are also losing ground to soybeans." This is a supply-side play. If farmers are abandoning Cotton to plant Soybeans to chase higher margins, Cotton acreage will drop. Lower planted acreage leads to reduced supply, which historically supports higher prices for the neglected commodity. Long Cotton (BAL) as a contrarian trade on supply destruction. Global demand for cotton (textiles) could weaken due to macroeconomic slowdowns, negating the benefits of tighter supply.
About BAL Analyst Coverage
Buzzberg tracks BAL (iPath Series B Bloomberg Cotton Subindex Total Return ETN) across 6 sources. 6 bullish vs 0 bearish calls from 7 analysts. Sentiment: predominantly bullish (67%). 9 total trade ideas tracked. Past 7 days: 1 bullish. Latest voices: Moritz Heiden, FirstSquawk, LiveSquawk.