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Cotton #2 Mar '17 (CTH17)

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Brugler report

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Mon Apr 23, 11:23AM CDT
Cotton futures are mostly 33 to 43 points higher on Monday. Rain totals reported were lower than expected in most forecast areas of northern TX. The mills are still exposed with their large unpriced on call positions. The large money managers in cotton futures and options added another 3,835 contracts to their net long position as of Tuesday, to a net position of 80,111 contracts. The Cotlook A index was up 25 points from the previous day at 91.95 cents/lb. The USDA Adjusted World Price (AWP) was updated to 72.16 cents/lb last Thursday, 16 points lower than the previous week.May 18 Cotton is at 85.9, up 43 points,Jul 18 Cotton is at 85.12, up 39 pointsOct 18 Cotton is at 82, up 33 pointsDec 18 Cotton is at 79.790, up 36 points
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