Cotton Market Commentary

Cotton futures are trading 23 to 42 points lower this morning. They settled with 11 to 53 point losses on Thursday, despite a sharply lower US dollar index. This morning’s Export Sales report indicated that 97,733 RB of 18/19 upland cotton was sold in the week of 9/13, with 32,912 RB in sales of the 19/20 crop. Sales to China were net reductions of -3 RB for 18/19 and 440 RB in 19/20 sales. Export shipments of 16,174 RB went to China, with the total to all countries at 148,892 RB. Pima sales totaled 3,300 RB for 18/19, with 600 RB to China. The Cotlook A index was down 265 points from the previous day at 88.15 cents/lb on September 19. The USDA weekly AWP was updated to 71.59 cents/lb, down 2.20 cents from the week prior.




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.