Cotton

Cotton futures are posting 49 to 59 points gains in most front months on Wednesday. The US dollar is 160 lower this morning, following lower trade from yesterday. The Senate passed the Tax Plan, with the House expected to pass the revised version today. The Cotlook A index was 70 points lower from the day prior on December 19 to 85.95 cents/lb. Online cash sales on the Seam fell to 13,711 bales on December 19, with prices averaging 69.32 cents/lb, down 7 points from the previous day.

Mar 18 Cotton is at 75.52, up 49 points,

May 18 Cotton is at 75.92, up 59 points

Jul 18 Cotton is at 76.4, up 55 points




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