Cotton #2 Dec '19 (CTZ19)
Cotton #2 Futures Market News and Commentary
Cotton futures ended the day with gains from 19 to 30 points in the nearby contracts after an intraday peak around midday. USDA reported that 2.84 million RB of cotton had been ginned as of Oct 15, a 1.557 million RB increase from Oct 1 and 17.3% larger than the same date last year. Rain is expected for parts of Central TX to AL over the next few days. The Cotlook A Index had given back 50 points on Oct 22, at 75.20 cents/lb. The AWP, which will be updated Thursday, is currently at 55.26. DEC 19 Cotton closed at 64.88, up 21 points, MAR 19 Cotton closed at 65.72, up 30 points MAY 20 Cotton closed at 66.39, up 26 points JUL 20 Cotton closed at 66.84, up 19 points -- provided by Brugler Marketing & Management Read more
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