Cotton -marianne-krohn-RNqZbnBnMQk-unsplash
Front month cotton futures ended the day 38 to 69 points weaker. The December contract printed another wider range of nearly 200 points. Dollar Index was also in a wide range but ended 0.26% firmer to 106.377.Â
The Cotlook A Index (old crop) for 8/1 was another 50 points higher to 114.60. USDA’s AWP for cotton is 104.48 cents/lb through Thursday. Certified stocks were 5,813 bales on 7/29 after a 2,464 bale reduction.Â
Oct 22 Cotton closed at 100.36, down 51 points,
Dec 22 Cotton closed at 94.43, down 38 points,
Mar 23 Cotton closed at 92.05, down 53 points