Easy Folded Poncho

Format

From the Churchmouse website:

“It's like a really elegant sweatshirt.” Our favorite poncho transcends the trends.  It's easy to knit (just one long stockinette rectangle), easy to finish, and easy to throw on. Whether knit in a humble tweed or luscious alpaca, with a cowl or without, you'll see why this is a Churchmouse favorite!

THE DETAILS

FINISHED SIZE
One size: Poncho: 22 x 50"/56 x 127cm, before folding.
Cowl: 24"/61cm around x 8"/20cm tall.

YARN
Poncho with cowl: 9 skeins Blue Sky Fibers Baby Alpaca (110 yds/100m each); shown lower left and center in Color 802.
Or approx. 980 yds/896m of an equivalent dk-weight yarn.
Poncho without cowl: 5 skeins Rowan Felted Tweed (191 yds/175m each); shown lower center and right in Color 172.
Or approx. 840 yds/768 m of an equivalent dk-weight yarn.

NEEDLES & NOTIONS
US 6 (4mm) needles, or size to obtain gauge; plus 2 sizes larger for binding off.
16–24"/40–60cm circular needle in gauge size for cowl.
Size H (5mm) or larger crochet hook for provisional cast-on.
Blocking wires.

GAUGE
20 sts/27 rows= 4"/10cm in stockinette stitch, wet-blocked and steam pressed.