Cotton

Cotton futures are 24 to 25 higher this morning after they were steady to 60 points in the green on Wednesday. A sharply lower US dollar index did not appear to have much effect on the already elevated market. The weekly USDA 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.




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

First you raise it, then you market it!  Check out the full Brugler advisory service with this special Harvest 2Fer offer at  http://bit.ly/Harvest2Fer.


 

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.