Cotton Futures Higher Heading into USDA Export News

Thursday cotton is trading 16 to 91 points higher ahead of the weekly Export Sales report. At the close on Wednesday nearby cotton prices had gained 16 to 34 points. New crop prices were stronger on the day, and tightened the July/Dec inverse to less than a penny. May futures officially expire at the close today, though OI has been very low throughout the delivery process. 


USDA’s 5/5 DSQ showed 262 bales were sold at spot. The 5/4 Cotlook A index was up 115 points to 93.05 cents/lb. The AWP for cotton for the week is 73.71 cents/lb, and will be updated after the close.     


Jul 21 Cotton  closed at 87.33, up 16 points, and up 91 today

Oct 21 Cotton  closed at 87.01, up 34 points, and they are up 58 this morning

Dec 21 Cotton  closed at 85.4, up 34 points, and up 41 this morning

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353

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.