Cotton Market News and Commentary

Cotton futures are steady to 41 points lower in most contracts on Tuesday, with December up 20 points. The Cotlook A Index was down up 175 points at 87.05 on April 1. The USDA Adjusted World Price (AWP) is 68.23 cents/lb, good through Thursday. USDA indicated on Monday afternoon that 4% of the US cotton crop is planted (15 tracking states). That is ahead of the five-year average of 3% but behind last year’s 6%. Major Cotton producer TX was 7% planted up from the average of 5%.

May 19 Cotton is at 76.95, down 41 points,

Jul 19 Cotton is at 77.86, down 35 points

Mar 20 Cotton is at 76.500, down 13 points

--provided by Brugler Marketing & Management




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