Cotton Market News and Commentary

Cotton futures are trading 12 to 21 points higher. They were down 15 to 83 point losses in most contracts on Tuesday. The monthly WASDE report from USDA indicated 18/19 US ending stocks of cotton up 100,000 bales from March to 4.4 million bales on a cut to domestic usage. World carryout was up 350,000 bales to 76.44 million bales. Chinese imports were raised by 500,000 bales to 8 million. On Monday, there was 19,053 bales traded on The Seam, with the average price at 73.58 cents/lb. The Cotlook A Index was up 90 points at 87.80 on April 5. The USDA Adjusted World Price (AWP) is 68.22 cents/lb through Thursday.

--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.