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Cotton futures ended the session with 8 to 44 point gains on Monday. May futures led the rally out of the weekend, widening the spread to Dec by 36 points to 42 points.Â
NASS reported 8% of the 23/24 cotton crop was planted as of 4/16. That was a 2% point advancement through the week and compares to the 9% average pace.Â
The Cotlook A Index was 75 points higher to 96.85 cents on 4/14. The AWP for cotton is 70.05 cents/lb. ICE certified stocks were 1,485 bales as of 4/14.Â
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May 23 Cotton  closed at 83.3, up 44 points,
Jul 23 Cotton  closed at 83.28, up 35 points,
Dec 23 Cotton  closed at 82.88, up 8 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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