Cotton

Cotton futures are currently 19 to 22 points in the red in most contracts at midday. The weekly Export Sales report is delayed until Friday, with most expecting sales to slow down from last week’s 326,520 RB. Online cash sales jumped to 28,905 bales reported on the Seam, with an average price of 70.78 cents/lb on December 27, 145 points lower than the previous day. The Cotlook A index was reported at 50 points lower than the previous day at 88.10 cents/lb on December 27. The current AWP is at 68 cents/lb and should be updated on Thursday.

Mar 18 Cotton is at 78.75, down 20 points,

May 18 Cotton is at 78.73, down 19 points

Jul 18 Cotton is at 78.85, down 20 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

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