Cotton
Cotton futures are 7 to 44 points higher this morning. They saw mixed trade on Friday, as the front months were 21 to 64 points in the green with back months lower. The lightly traded Oct contract lost 3.68% on the week. The new weekly AWP is 65.47 cents/lb, an increase of 14 points from the previous week. The CFTC reported cotton futures and options spec traders had reduced their net long position to 22,510 contracts in the COT report. Friday saw sales of 18,700 MT of cotton from state reserves in China, as 29,900 MT were offered.



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.