Cotton Lower at Midday

Cotton is showing midday losses of 65 to 97 points to start the week. Last week cotton rallied into Friday, but faded from the fresh LOC highs ahead of the weekend. 

Sales on The Seam for the week through Thursday totaled 6,387 bales for a weighted average price of 105.5 cents/lb. The Cotlook A index was 55 points stronger to 120.05 cents/lb. The AWP is 91.81 cents/lb, 

Mar 22 Cotton  closed at 107.24, down 67 points,

May 22 Cotton  closed at 106.15, down 62 points,

Jul 22 Cotton  closed at 104.1, down 60 points

Market Commentary provided by:

Brugler Marketing & Management LLC
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Fax: 402-289-2353

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