Cotton Market News and Commentary

Cotton futures are trading 17 to 50 points higher this morning, aided by a weaker US dollar index and firm overnight S&P futures. They had 9 to 18 point losses in the front months on Tuesday with new crop contracts marginally higher. Chinese trade reps are in DC this week for more trade talks. 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 major cotton producer TX was 7% planted, ahead of the average pace of 5%. The Seam showed sales of 8,706 bales sold on Monday at an average price of 70.03 cents/lb.

--provided by Brugler Marketing & Management




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

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.