Cotton futures settled the Wednesday session with most contracts 93 to 143 points higher. A rising US dollar may be prodding some foreign buyers into action. Cash sales of 41,475 bales were reported on the Seam on Tuesday, with prices averaging 72.17 cents/lb. The USDA Export Sales report is delayed until Friday morning. The current USDA Adjusted World Price or AWP is 69.15 cents/lb, and will be updated on Thursday. The Cotlook A index was UNCH from the previous day on February 20 at 86.85 cents/lb.

Mar 18 Cotton closed at 78.910, up 140 points,

May 18 Cotton closed at 80.390, up 143 points

Jul 18 Cotton closed at 81.100, up 139 points

Market Commentary provided by:

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