Cotton Lower on Wednesday

Cotton futures are down 42 to 63 points in the nearby contracts on Wednesday. The markets will be closed on Thursday, with no overnight session on Thursday night. They will resume on Friday morning, with an early close. On Tuesday, The Seam posted a sale of just 3,437 bales traded at an average price of 65.82 cents/lb, up 79 down 4.65 cents from the previous day, likely on the low volume. The Cotlook A index was up another 95 points to 80.15 cents/lb as of November 24. The AWP for cotton is 56.84 cents/lb. through Thursday.

DEC 20 Cotton closed at 70.9, down 63 points,
MAR 21 Cotton closed at 72.47, down 51 points
MAY 21 Cotton closed at 73.35, down 48 points
JUL 21 Cotton closed at 74.05, down 42 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

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.