Cotton

Cotton futures settled with most contracts 109 to 135 points higher on Monday. A weaker US Dollar index was supportive, down 349 points. NASS reported after the close that 86% of the US cotton crop was setting bolls, even with the average, as 17% of the crop had bolls opening (12% avg). The cotton crop conditions were improved 2% to 42% good/ex, with the Brugler500 Index back up 5 points to 305. The Cotlook A index was up 100 points from the previous day at 91.75 cents/lb on August 17. The weekly AWP was updated to 75.45 cents/lb through next Thursday, down 422 points from the previous week.

Oct 18 Cotton closed at 83.100, up 135 points,

Dec 18 Cotton closed at 82.700, up 131 points

Mar 19 Cotton closed at 82.870, up 116 points




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