Cotton #2 Futures PricesThu, Mar 26th, 2015
Latest Brugler Cotton #2 Report
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Cotton futures are trading mixed from 8 points lower to 3 points higher this morning after modest losses on Thursday. The US dollar ended the day higher and worked against dollar denominated commodity prices. Certified stocks for March 25 were reported at 9,127 bales, with 350 new certs. USDA put the weekly cotton export sales for all Upland cotton for the week ending March 19 at 198,600 running bales. Pima sales reported were a new high for the marketing year at 15,300 RB, with China in for 10,600 RB. The updated LDP/MLG for this week will be 3.53 cents per pound, down from 5.65 last week.
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