Cotton

Cotton futures are trading 2 to 20 points higher in most contracts, with nearby and thinly traded October down 8 points. The weekly USDA Export Sales report showed 17,526 RB of upland cotton export sales in the last week of the 17/18 MY, with 176,600 RB in 18/19 sales. There was a total of 1.528 million RB carried over from 17/18 to 18/19. Sales for the 19/20 MY (a year from now) were shown at 39,478 RB, with 1.328 million RB in sales already accumulated for that year! The Cotlook A index was down 40 points from the previous day at 97.85 cents/lb on August 8. The weekly USDA AWP was updated to 79.68 cents/lb today, down 39 points from the previous week..

Oct 18 Cotton is at 87.31, down 8 points,

Dec 18 Cotton is at 87.2, up 2 points

Mar 19 Cotton is at 87.6, up 13 points

May 19 Cotton is at 87.990, up 18 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 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.