Cotton Market News and Commentary

Cotton futures are trading 99 to 132 points lower here on Thursday morning on poor Chinese economic data and a stronger US dollar. They posted 20 to 87 point gains in most contracts on Wednesday. A weaker US dollar index and stronger crude oil had helped cotton on Wednesday. The Cotlook A Index was down 20 points on March 12 to 81.55 cents/lb. The USDA Adjusted World Price (AWP) is 63.42 cents/ lb through Thursday. USDA will release the Export Sales report on Thursday morning, showing bookings for the week of March 7. A total of 34,412 bales traded on The Seam on Tuesday, with an average price of 65.55 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.