Cotton futures are 13 to as much as 53 points higher after posting some triple digit gains in the front months on Wednesday. The Cotlook A index for October 3 was down 85 points from the previous day at 77.70 cents/lb. The Seam showed online cash sale at 3,083 bales on Tuesday, with prices averaging 66.64 cents/lb. ICAC foresees further reductions in Chinese stocks, while world ex-China inventory expands. World mill use is expected to grow modestly in a lower price environment. They project the US to total 39% of the world trade activity, with 14.2 million bales of the 36.4 total.

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.