Cotton

Cotton futures are mostly 59 to 84 points in the green at midday. Total export commitments of all upland cotton are now 33.3% larger than this time last year, slipping a bit from last week. As a percent of the USDA projection, they are 73% booked, with the average pace at 62% and last year at 55%. The USDA Adjusted World Price (AWP) was updated to 65.95 cents/lb, 92 points higher than the previous week. The Cotlook A index was 125 points higher from the day prior on December 14 to 84.70 cents/lb. Online cash sales on the Seam jumped to 32,373 bales, with prices averaging 70.24 cents/lb, up 130 points from the previous day.

Mar 18 Cotton is at 76.17, up 84 points,

May 18 Cotton is at 76.31, up 68 points

Jul 18 Cotton is at 76.56, up 59 points




Market Commentary provided by:

Brugler Marketing & Management LLC
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Phone: 402-697-3623
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