Cotton

Cotton futures were mostly 5 to 21 points lower today, with some back months higher. The USDA showed the 2017 cotton harvest in TX at 22% complete with GA 11% harvested both ahead of their averages. The Crop Progress report indicated LA was down 25 points over the week, with TX falling 17 points and MS down 12. The Cotlook A index for October 2 was down 50 points from the previous day at 78.55 cents/lb. The ICAC lowered their world cotton production number slightly to 25.14 MMT, as ending stocks were down 140,000 MT to 18.56 MMT.

Oct 17 Cotton closed at 68.150, down 5 points,

Dec 17 Cotton closed at 67.520, down 5 points

May 18 Cotton closed at 67.540, down 17 points




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 June and July leave you with painful grain marketing memories?
Contact Brugler TODAY to discover which of our services is the right prescription for you!
Request product samples and a quick tour of our services here.

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.