Cotton Market Commentary

Cotton futures are trading 8 lower (Dec) to as much as 9 points higher this morning. They were down 88 to 107 points in the nearby contracts on Wednesday. The US dollar is weaker. The market is nervous about another round of US tariffs being applied to China, since China has still been buying US cotton under the existing schedule. July US cotton exports totaled 1.088 million bales according to Census. That was down 7.8% from last year and 23.78% from June. The Cotlook A index was steady with the previous day at 92.15 cents/lb on September 4. The USDA weekly AWP is 74.26 cents/lb and will be updated later today.




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 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.