Cotton Market Commentary

Cotton futures are mixed at midday, down 9 to up 46 points. Hurricane Florence weakened to Cat 1, reducing wind speeds but still accompanied by heavy rain. USDA Export Sales data through last Thursday September 6, show that upland cotton export commitments are 60% of the full year USDA projection, with the average pace only 40% this early in the year. The Cotlook A index was up down 25 points from the previous day at 92.15 cents/lb on September 13. The USDA AWP was updated to 73.79 cents/lb, just 2 points above last week.

Oct 18 Cotton is at 82.08, up 46 points,

Dec 18 Cotton is at 81.64, up 13 points

Mar 19 Cotton is at 81.93, down 4 points

May 19 Cotton is at 82.350, down 9 points




Market Commentary provided by:

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