Cotton futures are mixed at midday, with nearby Dec 4 points lower. Accumulated exports for 2017/18 upland cotton are 15.32% lower than last year, with total export commitments running 40.7% ahead of this time last year. There are 7.456 million RB in outstanding sales currently, with 2.19 million RB in exports. The USDA Adjusted World Price (AWP) was updated to 64.22 cents/lb on Thursday, up 1.63 cents/lb from the previous week. The Cotlook A index was up 125 points from the previous day points to 83.70 cents/lb on November 30.

Dec 17 Cotton is at 75, down 4 points,

Mar 18 Cotton is at 73.12, up 31 points

May 18 Cotton is at 73.69, up 21 points

Jul 18 Cotton is at 73.960, up 13 points

Market Commentary provided by:

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