Cotton futures are mostly 9 to 19 points lower. The US dollar is 152 points higher at noon. Total export commitments for upland cotton are now 63% of the USDA full year projection, well above last year’s 45% and the average of 49% for this date. Online cash sales reported by The Seam were down to 4,735 bales, as prices fell 16 points to 68.24 cents/lb. The USDA average world price (AWP) was updated to 61.38 cents/lb, 33 points higher than the previous week. The Cotlook A index for November 10 was 25 points lower to 79.35 cents/lb.

Dec 17 Cotton is at 68.93, down 12 points,

Mar 18 Cotton is at 68.95, down 19 points

May 18 Cotton is at 69.89, down 19 points

Jul 18 Cotton is at 70.480, down 9 points

Market Commentary provided by:

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