Cotton futures finished the Monday session with most contracts 9 to 72 points in the red, with a few back months higher. There was some pre-holiday profit taking after March gained 3% last week. The USDA Adjusted World Price (AWP) was updated to 65.95 cents/lb, 92 points higher than the previous week. The Cotlook A index was 120 points higher from the day prior on December 15 to 85.90 cents/lb. Online cash sales on the Seam jumped to 40,261 bales, with prices averaging 70.07 cents/lb, down 17 points from the previous day.

Mar 18 Cotton closed at 75.200, down 72 points,

May 18 Cotton closed at 75.640, down 68 points

Oct 18 Cotton closed at 73.760, down 9 points

Market Commentary provided by:

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