Cotton Market News and Commentary

Cotton futures are trading 23 to 75 points lower in the nearby contracts on Tuesday. Crude oil is showing sharp $2.42/barrel losses at midday, causing synthetics to pressure the cotton market lower. The Cotlook A index was up 5 points from the previous day on Dec 17 at 87.80 cents/lb. The weekly USDA AWP was updated to 69.77, good through Thursday. USDA announced round two of the MFP payments. The rate of 6 cents is the same as round 1. Claims must be filed by January 15, but not before harvest is completed.

Mar 19 Cotton is at 77.79, down 75 points,

May 19 Cotton is at 78.98, down 74 points

Jul 19 Cotton is at 80, down 64 points

Oct 19 Cotton is at 77.730, down 23 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.