Cotton Market News and Commentary

Cotton futures posted 77 to 88 point losses in the front months on Monday. The US dollar index was up 247 on the day, with crude oil down 70 cents/barrel to pressure the synthetic markets. The Cotlook A Index was up 5 points on February 1 to 83.75 cents/lb. The USDA Adjusted World Price is 65.07 cents/lb through Thursday, up 17 points from the previous week. The Cotton Systems report from USDA showed November US extra long staple consumption at 1,632 RB, with stocks at 3,186 RB. The next Cotton Ginnings report will be out this Friday.

Mar 19 Cotton closed at 72.760, down 88 points,

May 19 Cotton closed at 74.080, down 85 points

Jul 19 Cotton closed at 75.440, down 77 points

--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.