Cotton Market News and Commentary

Cotton futures are trading 60 to 93 points in the green at midday, on follow through from Thursday’s Export Sales data. The Cotlook A Index was down 25 at 86.90 on April 3. The new USDA Adjusted World Price (AWP) is now 68.22 cents/lb, down .01 from last week. US export commitments for all upland cotton are now 13.3% below the same time last year. They are now 93% of USDA’s projected export total, with the average for this date at 94%.

May 19 Cotton is at 78.25, up 93 points,

Jul 19 Cotton is at 78.82, up 81 points

Dec 19 Cotton is at 76.890, up 60 points

--provided by Brugler Marketing & Management

Market Commentary provided by:

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