Cotton Market News and Commentary

Cotton futures are down 78 to 94 points on Wednesday. The Fed will announce whether they will raise interest rates this afternoon. They are expected to hike short term rates by 0.25%, though future hikes are in question following Chairman Powell’s comments last month. President Trump is on record as saying no rate hike is needed from his perspective. The Cotlook A index was down 100 points from the previous day on Dec 18 at 86.80 cents/lb. The weekly USDA AWP was updated to 69.77, good through Thursday.

Mar 19 Cotton is at 76.91, down 94 points,

May 19 Cotton is at 78.22, down 82 points

Jul 19 Cotton is at 79.3, down 78 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
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

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.