Cotton futures are mixed in the front months at midday, with nearby May down 4 points. 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. Spec funds in cotton futures and options trimmed their large net short position, now at 18,301 contracts, by 2,723 contracts in the week of 3/5.
May 19 Cotton is at 73.45, down 4 points,
Jul 19 Cotton is at 74.71, up 8 points
Dec 19 Cotton is at 73.660, up 16 points
--provided by Brugler Marketing & Management