Cotton futures are 42 to 77 points higher in the nearby contracts. Support is coming from a weaker US dollar, down 239 points. Total export commitments of upland cotton are now 40.9% larger than this time in 2016. The USDA Adjusted World Price (AWP) was updated to 61.37 cents/lb, 1 point lower than the previous week. Online cash cotton sales reported by The Seam increased to 10,264 bales, with prices up to 67.09 cents/lb. The Cotlook A index for November 14 was 5 points higher to 79.40 cents/lb.

Dec 17 Cotton is at 69.98, up 77 points,

Mar 18 Cotton is at 69.66, up 48 points

May 18 Cotton is at 70.55, up 44 points

Jul 18 Cotton is at 70.990, up 42 points

Market Commentary provided by:

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