Cotton futures were steady to 60 points in the green on Wednesday. A sharply lower US dollar index did not show to have much effect on the market. The weekly Export Sales report will be delayed until Friday by the FAS due to Monday’s government shutdown. Online cash sales on the Seam totaled 10,098 bales on Tuesday, with prices down 393 points, averaging 68.39 cents/lb. The Cotlook A Index for January 22 was UNCH from the previous day at 94.10 cents/lb.

Mar 18 Cotton closed at 82.270, up 1 point,

May 18 Cotton closed at 82.910, up 17 points

Jul 18 Cotton closed at 83.360, up 17 points

Market Commentary provided by:

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