Cotton

Cotton futures are trading 7 to 35 points higher in the front months, with back months lower as Oct is 121 points higher on low trade. The new AWP , good through next Thursday is 65.47 cents/lb, an increase of 14 points since the previous week. Total export commitments for all upland cotton have reached 63.4% above a year ago, with just under 4 reporting weeks left for the Marketing year. As a percent of the USDA projection, total export commitments are 108%, above the last year and the average of 106% for this date. Friday saw sales of 18,700 MT of cotton from state reserves in China, as 29,900 MT were offered. The Cotlook A index for July 13 was down 50 points to 83.20 cents/lb.

Oct 17 Cotton is at 67.75, up 121 points,

Dec 17 Cotton is at 66.74, up 37 points

Mar 18 Cotton is at 66.23, up 7 points

May 18 Cotton is at 66.550, 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

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.