Cotton

Cotton futures ended the day with most contracts 13 to 46 points lower, as October was higher on thin trade. This afternoon’s USDA Crop Progress report indicated 8% of US cotton acreage was planted on April 15. That moved 1% from the previous week, as it is even with last year and 1% above average. The USDA Adjusted World Price (AWP) is 74.32 cents/lb through Thursday. The Cotlook A index was down 10 points from the previous day at 92.95 cents/lb. Cash sales of 14,450 bales were reported at an average price of 73.27 cents/lb on Friday.

May 18 Cotton closed at 83.250, down 16 points,

Jul 18 Cotton closed at 83.220, down 13 points

Oct 18 Cotton closed at 79.220, up 11 points




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