Cotton Starts off Week Mixed

Cotton futures had lost 26 points last week and so far on Monday we are seeing more of the same for Dec and Mar futures. The May and Jul cotton futures, however are making some gains, up by 8 to 26 points at midday. The US dollar index was firmer this morning, bouncing from 97.00 after a 3-session retreat following the Fed rate cut. The Cotlook A Index dropped 120 points for 11/01 to 75.25 cents/lb. The weekly AWP from 10/31 is 57.33 cents/lb and will be valid through next Thursday.

DEC 19 Cotton is at 63.99, down 24 points,

MAR 19 Cotton is at 65.56, down 8 points

MAY 20 Cotton is at 66.77, up 8 points

JUL 20 Cotton is at 67.75, up 26 points

--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

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.