POP payment weekly Change.
3-13-2025
The POP payment is one of our safety nets. POP payment for this week was set on Friday (3-7) at only 0.12 cents and will change tomorrow back to zero for next week. The projection for this week is back to zero because the market has moved back above a trigger level. So, the question is do you ‘pop’ you cotton if it is stored in a warehouse or just keep the protection in place (meaning don’t ‘POP’ it now) in case the market crashes? My answer would be to take no action this week regarding POP.
We are better off waiting at this point in order to keep the safty net in place. The reason in dropped to zero is simply because the market went back up for the 5 day average used to calculate the weekly POP payment. We will watch it for another week and make a decision towards the middle to the end of next week, but it looks like the price average needs to stay below 65 cents to activate very much POP.
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