Monday cotton trading left futures 4 to 19 points lower on the board. The weekly Crop Progress report from NASS showed harvest progressed 10 ppts on the week ending November 1. Nationally, 52% of the 2020/21 crop has been picked, which is 3% more than average. The crop’s final condition ratings were a 37% good/ex for a Brugler500 score of 305. That is the 3^rd worst final ratings of the past two decades behind ’11 (269) and ’18 (286). USDA’s Cotton System’s report showed 1,049 running bales used domestically in September. That was the lowest September consumption on record. Cotton stocks fell 476 RBs to 1,349 running bales. USDA’s Monday update from the Spot Cotton Quotations report showed 2,930 bales sold for an average price of 64.02 cents/lb. The Cotlook A index for the 30th retreated another 25 points to 76.70 cents/lb. The AWP for cotton is 57.37 for the week.

--- provided by Brugler Marketing & Management