Closeup of Cotton Plant
Nearby cotton futures ended 49 to 91 points in the red. December futures are now at a net 53 point gain for the week.Â
Weekly Crop Progress data from NASS showed 90% of cotton bolls were open as of 10/22, and harvest was 41% finished at the national level. Cotton conditions converted to a 267 on the Brugler500 Index, a 2 point drop through the week. AL fell by 14 points, while TX depreciated by 4 points.Â
The Cotlook A Index was 93.20 cents/lb on 10/23, down by 175 points. The AWP for cotton is 69.82 cents. The ICE certified stocks were 2,701 bales higher to 63,324.Â
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Dec 23 Cotton  closed at 82.93, down 80 points,
Mar 24 Cotton  closed at 84.68, down 78 points,
May 24 Cotton  closed at 85.57, down 91 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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