Cotton Firm at Midday Alan Brugler - BRUG - Fri Feb 12, 11:27AM CST After multiple triple digit daily moves, Friday trading has the board 1 to 6 points higher ahead of the three day weekend. New crop futures are 7 points lower so far. The dollar tried to rally earlier, but is down 0.01% on the Bloomberg Index and a few ticks on the DX futures. USDA’s Daily Spot Quotations reported just 667 bales sold on Feb 11. The Cotlook A index fell back 195 points on Feb 11 to 91.25 cents/lb. The week’s new AWP for cotton is 70.32 cents/lb, up by 3.94 cents on the week. Mar 21 Cotton is at 86.42, up 1 points, | May 21 Cotton is at 87.91, up 4 points | Jul 21 Cotton is at 88.72, up 6 points | Dec 21 Cotton is at 83.71, down 7 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.
|