Cotton Market Commentary

Cotton futures are seeing 26 to 55 point losses on Tuesday, with a stronger US dollar index so far today. The weekly NASS Crop Progress report will be delayed until this afternoon following the Labor Day Holiday. Friday afternoon’s CFTC Commitment of Traders report showed specs in cotton futures and options trimming their net long position by 2,712 contracts to 67,938 contracts in the week of 8/28. The Cotlook A index was steady with the previous day at 92.15 cents/lb on September 3. The weekly AWP was updated to 74.26 cents/lb, up 43 points from the previous week and good through Thursday.

Oct 18 Cotton is at 81.76, down 55 points,

Dec 18 Cotton is at 81.96, down 26 points

Mar 19 Cotton is at 82.29, down 29 points

May 19 Cotton is at 82.670, down 30 points

Market Commentary provided by:

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

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.