Cotton Field
Front month cotton futures are working 42 to 162 points lower through Monday’s midday.
The 5/19 Cotlook A Index was 35 points weaker at 97.50 cents/lb. USDA’s weekly Cotton Market Review showed 38,853 bales were sold this week at an average price of 80.57 cents. The season’s full sales were 672k bales, compared to 1.614 million last year. The AWP for cotton was another 13 points higher to 68.10 cents/lb.
Jul 23 Cotton is at 85.02, down 170 points,
Dec 23 Cotton is at 82.96, down 93 points,
Mar 24 Cotton is at 82.66, down 96 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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