Cotton Mixed on Monday

Cotton futures were mixed on Monday, with nearby July down 31 points, and other front months 45 to 67 points higher. NASS reported that US cotton acres were 89% planted by Sunday, 5% behind the normal pace. The crop was 19% squared on that date, 1% ahead of normal. Condition ratings were up 5% to 49% gd/ex, with the Brugler500 index up 8 points to 337.The Cotlook A index for June 14 was up 30 points from the previous day to 77.80 cents/lb. The weekly Average World Price (AWP) from USDA is 58.97 cents/lb through next Thursday, down 2.54 cents from last week.

Jul 19 Cotton closed at 65.630, down 31 points,

Oct 19 Cotton closed at 67.060, up 45 points

Dec 19 Cotton closed at 66.420, up 67 points

--provided by Brugler Marketing & Management




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