Cotton

Cotton futures are 30-40 lower in the old crop this morning. December is again higher and trying to buy more acreage. Cotton ended Wednesday with most contracts steady to 68 points higher, as a few contracts were lower on thin trade. The USDA Export sales report will be released this morning, with sales expected to back off from last week’s report of 399,100 RB. The current Adjusted World Price or AWP at 69.69 cents/lb will be updated later today. The Cotlook A index was up 70 points from the previous day on February 26 at 91.80 cents/lb. The Seam showed cash sales of 11,304 bales on Tuesday, with prices averaging 70.54 cents/lb.




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.