Cotton Market News and Commentary

Cotton futures saw 76 to 79 point losses in most contracts on Tuesday. The government shutdown continues, now into day 32. Secretary Perdue announced that all FSA offices will be open on Thursday to provide services (listed on USDA’s website). The deadline for MFP payment applications is delayed until February 14. The Cotlook A Index was down 50 points on January 21 to 83.30 cents/lb. Estimated AWP was 63.06 last week, and computes to 64.07 for the week ending this Thursday.

Mar 19 Cotton closed at 73.130, down 76 points,

May 19 Cotton closed at 74.530, down 79 points

Jul 19 Cotton closed at 75.830, down 76 points

--provided by Brugler Marketing & Management




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