Cotton Falls Sharply in Afternoon Trading

Cotton futures fell sharply since being higher by 32 to 43 points at midday. Futures finished the day with triple digit decreases which pushed them to the lowest price in over a month. 3,520 bales sold on the online trading platform The Seam, brings the weekly sales up to 7,103 bales. That is 13.84% behind last week’s pace. The 11/19 Cotlook A Index was down 50 points to 75.00 cents/lb. The AWP for cotton will be updated tomorrow afternoon, the current AWP is 57.06 cents/lb.

DEC 19 Cotton closed at 62.23, down 121 points,

MAR 19 Cotton closed at 64.22, down 113 points

MAY 20 Cotton closed at 65.42, down 120 points

JUL 20 Cotton closed at 66.41, down 126 points

--provided by Brugler Marketing & Management




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.