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Wed, Jun 20th, 2018
[[ timeframe ]] futures price quotes as of Wed, Jun 20th, 2018.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
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Agricharts Market Commentary

Wed Jun 20, 7:20AM CDT
Cotton futures are rebounding so far on Wednesday, with gains of 101 to 181 in the nearby contracts. They posted sharp losses in most contracts on Tuesday, with nearby July down the limit. Today will have expanded limits of 500 points. Selling pressure was from Monday’s fresh news on the trade conflict front that President Trump is threatening another round of tariffs on Chinese goods. The US dollar index was also 250 points higher on the day. Monday’s conditions ratings report showed TX was down 18 points to 273, with GA up 3 points. The Cotlook A index was down 260 points from day prior at 98.85 cents/lb on June 18. The weekly AWP was updated to 82.99 cents/lb for this week, good through Thursday.
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