Cotton Futures are Gaining Alan Brugler - BRUG - Wed Feb 03, 11:39AM CST Midweek cotton prices are 23 to 27 points higher at midday. New crop futures are mixed with a 9 point bump for Dec. Crude oil futures are also continuing their rally with another $1.35/bbl so far today. The daily Cotton Spot Quotations report showed 5,589 bales were sold on Tuesday with an average price of 76.76 cents/lb. The Cotlook A index recovered 45 points to 86.90 cents/lb. The week’s AWP for cotton is 67.59 cents/lb, and will be updated after tomorrow’s close. Mar 21 Cotton is at 80.96, up 27 points, | May 21 Cotton is at 82.33, up 28 points | Jul 21 Cotton is at 83.22, up 23 points | Dec 21 Cotton is at 78.8, up 9 points |
--- provided by Brugler Marketing & Management
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.
|