Cotton Field with Trees in Backgound
The cotton futures market is down another 35 to 79 points across the front months through Tuesday. Prices had tried for a turnaround Tuesday overnight, but quickly changed course. The July contract has stayed within a -186 to +34 point range so far through the session.Â
The weekly Crop Progress report had 45% of the national cotton crop planted as of 5/21. That was a 10% advance through the week and is 5% points behind the average pace.Â
The Cotlook A Index for 5/22 was 55 points lower at 96.95 cents/lb. The AWP for cotton was 68.10 cents/lb. Â
Jul 23 Cotton  is at 84.46, down 86 points,
Dec 23 Cotton  is at 82.63, down 75 points,
Mar 24 Cotton  is at 82.55, down 64 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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