Cotton

Cotton futures ended Tuesday with losses of 25 to 65 points in most contracts. The US dollar showed slight losses on the session, down 136 points. The AWP for this week is 68.03 cents/lb. Most states are ahead of their respective Brugler 500 rating last year, with AZ and LA lagging slightly. As of Sunday, individual state data shows TX is 14% squared, with GA 17%. On Tuesday, China sold 19,300 MT of the 29,900 MT of cotton offered at an auction of state reserves. The Cotlook A index for June 12 was 65 points lower to 86.25 cents/lb.

Jul 17 Cotton closed at 74.480, down 65 points,

Oct 17 Cotton closed at 73.860, down 25 points

Mar 18 Cotton closed at 71.810, down 56 points




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

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