Cotton Market News and Commentary

Cotton futures are trading 25 to 27 points higher this morning. They posted 77 to 165 point gains in most contracts on Tuesday amid general ag commodity buying. The US dollar index spot was weaker on the day. The Cotlook A Index was up 50 points on March 11 to 81.75 cents/lb. The USDA Adjusted World Price (AWP) is 63.42 cents/ lb through Thursday. The certified stocks level on March 11 dropped by 11,011 bales to 112,228 bales.

--provided by Brugler Marketing & Management

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