Cotton Market News and Commentary

Cotton futures ended the Wednesday session with most contract down 23 to 40 points. March expires on Thursday. December cotton exports were tallied at 975,814 bales according to delayed Census data. That was up 43.22% from November, which is seasonal, but down 30% from a year ago. The weekly Export Sales report will be released on Thursday morning. The Cotlook A Index was down 75 points on March 5 to 81.15 cents/lb. The USDA Adjusted World Price (AWP) is 62.67 cents/ lb, effective through Thursday.

Mar 19 Cotton closed at 73.050, down 40 points,

May 19 Cotton closed at 74.210, down 40 points

Jul 19 Cotton closed at 75.220, down 23 points

--provided by Brugler Marketing & Management

Market Commentary provided by:

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