AgriCharts Market Commentary

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Cotton Market News and Commentary

Cotton futures are trading 66 to 72 points higher this morning. They closed on Wednesday with most contracts steady to 14 points lower. The Cotlook A Index was UNCH points on February 19 to 80.05 cents/lb. The USDA Adjusted World Price is 62.27 cents/lb through this Thursday. This week’s Export Sales report will be delayed until Friday due to Monday’s holiday. It should bring the data up to date, with data reported from the weeks of Jan 10-Feb 14. Chinese trade reps are in DC this week for further trade negotiations.

--provided by Brugler Marketing & Management

Cotton Market News and Commentary

Cotton futures closed the Wednesday session with most contracts steady to 14 points lower. The Cotlook A Index was UNCH points on February 19 to 80.05 cents/lb. The USDA Adjusted World Price is 62.27 cents/lb through this Thursday. This week’s Export Sales report will be delayed until Friday due to Monday’s holiday. It should bring the data up to date, with data reported from the weeks of Jan 10-Feb 14. Chinese trade reps are in DC this week to talk trade.

Mar 19 Cotton closed at 70.280, down 13 points,

May 19 Cotton closed at 72.160, down 3 points

Jul 19 Cotton closed at 73.340, down 14 points

--provided by Brugler Marketing & Management

Cotton Market News and Commentary

Cotton futures are marginally mixed in most contracts on Wednesday’s midday. A weaker dollar is supportive, along with bargain buying. Managed money spec funds were continuing to add to their CFTC net short position in the week of Jan 29, at -11,412 contracts in cotton futures and options on that date. The Cotlook A Index was UNCH points on February 19 to 80.05 cents/lb. The USDA Adjusted World Price is 62.27 cents/lb through this Thursday.

Mar 19 Cotton is at 70.39, down 2 points,

May 19 Cotton is at 72.26, up 7 points

Jul 19 Cotton is at 73.55, up 7 points

--provided by Brugler Marketing & Management

Cotton Market News and Commentary

Cotton futures are trading 31 to 33 points higher in the front months this morning. They were up 7 to 33 points in most contracts on Tuesday. A weaker US dollar was supportive, along with higher crude oil. First Notice day for March Cotton deliveries is on Friday. The US/China trade talks are continuing this week in Washington DC, with the higher level talks taking place later in the week. Managed money spec funds were continuing to add to their CFTC net short position in the week of Jan 29, at -11,412 contracts in cotton futures and options on that date. The Cotlook A Index was up 10 points on February 18 to 80.05 cents/lb. The USDA Adjusted World Price is 62.27 cents/lb through this Thursday.

--provided by Brugler Marketing & Management

Cotton Market News and Commentary

Cotton futures were up 7 to 33 points in most contracts on Tuesday. A weaker US dollar was supportive, along with higher crude oil. First Notice day for March Cotton is on Friday. Another round of US/China trade talks are continuing this week in Washington DC, with the higher level talks taking place later in the week. Managed money spec funds were continuing to add to their net short position in the week of Jan 29, at -11,412 contracts in cotton futures and options on that date. The Cotlook A Index was up 10 points on February 18 to 80.05 cents/lb. The USDA Adjusted World Price is 62.27 cents/lb through this Thursday.

Mar 19 Cotton closed at 70.410, up 19 points,

May 19 Cotton closed at 72.190, up 33 points

Jul 19 Cotton closed at 73.480, up 24 points

--provided by Brugler Marketing & Management


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