Cotton Market News and Commentary

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

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353

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.