Cotton Higher to Start Thursday

Cotton futures are firm to 52 points higher this morning. They posted 6 to 56 point gains in most contracts on Wednesday. As expected, the Fed left interest rates UNCH this month, they announced following the 2-day meeting. The US dollar index was down 527 points on the day. USDA will release the Export Sales report on Thursday morning. The Cotlook A index for June 18 was down 5 points from the previous day to 77.00 cents/lb. The weekly Average World Price (AWP) from USDA is 58.97 cents/lb through Thursday, down 2.54 cents from last week.

--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.