Cotton

Cotton futures are mixed at midday, with nearby March down 11 points and deferred contracts slightly higher. The US dollar is sharply higher at the moment, showing little affect on the market. The USDA Adjusted World Price or AWP, currently at 71.35 cents/lb, will be updated on Thursday afternoon. The Cotlook A index on February 6 was 87.20 cents/lb, down 90 points from the previous day. Online cash sales reported on the Seam were shown at 7,640 bales, with price averaging 70.69 cents/lb, down 20 points from the previous day.

Mar 18 Cotton is at 76.08, down 11 points,

May 18 Cotton is at 77.42, up 4 points

Jul 18 Cotton is at 78.4, up 3 points




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.