Cotton futures were mixed on Wednesday with back months higher, as Oct was 73 points lower. The dollar was stronger for a third consecutive day. In Tuesday’s WASDE report, the USDA lowered the cash average farm price a penny on both sides of the range to a mid-point of 60 cents/lb. They also raised the projected US export number 700,000 bales to 14.9 million bales with aid from the lower prices. The Cotlook A index for September 12 was 230 points lower at 82.1 cents/lb. At their daily auction of state reserves, China sold 27,100 MT of the 27,446 MT of cotton offered.

Oct 17 Cotton closed at 69.980, down 73 points,

Dec 17 Cotton closed at 69.090, down 2 points

May 18 Cotton closed at 69.210, up 15 points

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353

First you raise it, then you market it!  Check out the full Brugler advisory service with this special Harvest 2Fer offer at


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.