Cotton Market News and Commentary

Cotton futures were down 23 to 36 points on Monday, as pressure came from crude oil, own $1.70/barrel. The Cotlook A Index was down 40 points on January 25 to 82.6 cents/lb. With the FSA offices open, USDA released their updated Adjusted World Price on Thursday @ 64.90 cents/lb. As the USDA employees get back to work, we should start seeing Export Sales and other reports. There is still a back log of data, so it may take a week or so to get everything sorted out.

Mar 19 Cotton closed at 73.850, down 28 points,

May 19 Cotton closed at 75.320, down 25 points

Jul 19 Cotton closed at 76.640, down 23 points

--provided by Brugler Marketing & Management

Market Commentary provided by:

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