Cotton Plant with Multiple Pieces
The cotton rally is adding another triple digits to the upside through midday, with old crop setting new LOC highs. New crop Dec is also up 113 points to new highs.Â
The weekly Cotton Market Review showed 97,052 bales were sold at spot for the week that ended 1/27, with an average cash price of 117.64 cents. The Cotlook A index was 60 points weaker on 1/28 to 135.85 cents/lb. The new FSA AWP for cotton is 1.99 cents higher for the coming week at 112.43 cents/lb.
Mar 22 Cotton  is at 127.27, up 351 points,
May 22 Cotton  is at 123.55, up 271 points,
Dec 22 Cotton  is at 100.86, up 113 points
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