Cotton

Cotton futures are 2 to 37 points lower this morning. They were down 9 to 52 points on Tuesday. Friday’s USDA cotton classing report showed 1.128 million bales of cotton classed as upland for the week ending 12/21, bringing the 2017 crop total to 14.295 million bales. China imported 72,363 MT of cotton during November, 31.69% larger than a year ago. Of that total 12,756 MT was from the US, 30.04% lower than November 2016. The Cotlook A index was 210 points higher from the day prior on December 22 to 88.60 cents/lb. Online cash sales of 14,080 bales reported by the Seam averaged 70.88 cents/lb on December 22, 68 points lower than the previous day.




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

First you raise it, then you market it!  Check out the full Brugler advisory service with this special Harvest 2Fer offer at  http://bit.ly/Harvest2Fer.


 

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.