Cotton traded higher at the start of the session, but have given back the 50 point gains and then some. Futures are less than 10 points in the red so far. Cotton futures settled the midweek trade with 71 to 182 point losses. The Dec contract sat at a net weekly move of +126 point on Wednesday evening.Â
The Seam had 3,185 bales sold during Monday for an average price of 77.33 cents. The Seam reported 1,564 bales sold online on 9/08 for an average gross price of 74.65 cents. The AWP for cotton is 73.55 cents/lb. ICE Certified Stocks were 2,652 bales on 9/8.Â
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Dec 23 Cotton  closed at 86.89, down 141 points, currently down 6 points
Mar 24 Cotton  closed at 87.37, down 115 points, currently down 8 points
May 24 Cotton  closed at 87.57, down 108 points, currently down 9 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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