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Midweek cotton futures are adding 47 to 78 points to the triple digit gains from yesterday. Dec ’22 is up by 52 points so far, but is off the 91.85 cent high from earlier in the session.
NOAA’s 7-day QPF shows mostly dry conditions for the coming week, with limited precip along the TX/OK border and along the TX/LA border – accumulations should remain under 1/4”.
The Cotlook A Index was 275 points lower on 11/15 to 102.55 cents/lb. The AWP for the week is 76.74 cents/lb.
Dec 22 Cotton is at 89.48, up 74 points,
Mar 23 Cotton is at 87.64, up 67 points,
May 23 Cotton is at 86.55, up 71 points
On the date of publication, Alan Brugler did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes.
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