Cotton Field with Drones
Cotton futures are 170 to 265 points in the red at midday, led by a drop in the May contract. March cotton has seen a 275 point range so far, but mostly in the red.Â
The online cotton trading platform, The Seam, showed 9,795 bales of cotton was sold at spot for an average gross price of 81.09 cents. The Cotlook A index was 30 points higher to 100.85 cents. The USDA AWP for cotton is 74.41 cents/lb this week, effective through Thursday.
Mar 23 Cotton  is at 82.88, down 252 points,
May 23 Cotton  is at 82.97, down 273 points,
Jul 23 Cotton  is at 83.66, down 250 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. For more information please view the Barchart Disclosure Policy here.
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