Cotton futures are anywhere from 1 to 37 points lower this morning, with sell pressure concentrated in the December and later new crop contracts. They saw losses of 19 to 29 points in the front months on Monday, with deferred contracts steady to 8 points higher. The Cotlook A Index was down 100 points on March 8 to 81.25 cents/lb. The USDA Adjusted World Price (AWP) was updated to 63.42 cents/ lb on Thursday, up 75 points. The certified stocks level dropped 5,449 bales on March 8 to 123,219 bales. As of March 7, USDA indicated that 16.644 million bales of upland cotton had been classed, with an additional 765,273 bales of Pima.
--provided by Brugler Marketing & Management