Cotton

Cotton futures are currently 50 to 90 points higher on Thursday. This morning’s Export Sales report showed 153,270 RB in old crop sales for the week that ended May 10, close to trade estimates. That was down 20.61% from last week but 26.97% larger than the same week a year ago. New crop sales were reported at 229,335 RB. The Cotlook A index was down 5 points from the previous day to 92.05 cents/lb on May 16. The USDA Adjusted World Price for this week is 75.58 cents/lb and will be updated this afternoon.

Jul 18 Cotton is at 85.25, up 90 points,

Oct 18 Cotton is at 82.9, up 50 points

Dec 18 Cotton is at 81.55, up 86 points

Mar 19 Cotton is at 81.470, up 98 points




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.