Cotton Market Commentary

Cotton futures finished the Thursday session with most contracts 74 to 114 points lower. This morning’s USDA Export Sales report indicated that 81,719 RB of 18/19 upland cotton was sold in the week of 9/6. That was down from the week prior, but 25.31% larger than the same week last year. Sales for 19/20 were shown at 17,704 RB. Pima sales were tallied at 5,800MT. Exports of upland cotton were 25% larger than last year at 135,731 MT. USDA trimmed their national cash average price range for cotton to 68-82 cents, adding 5 cents to the midpoint at 75 cents. The Cotlook A index was up down 10 points from the previous day at 92.40 cents/lb on September 12. The USDA AWP was updated to 73.79 cents/lb this morning, just 2 points above last week.

Oct 18 Cotton closed at 81.620, down 114 points,

Dec 18 Cotton closed at 81.510, down 113 points

Mar 19 Cotton closed at 81.970, down 106 points

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353

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.