Cotton Market News and Commentary

Cotton futures are trading 20 to 40 points higher this morning after they posted modest 13 to 31 point gains in most contracts on Friday. Nearby March was down 1.35% for the week. The dollar is weaker overseas, and stock market futures are higher. Markets will be closed on Tuesday due to the New Years Day holiday. Trade negotiations are expected to take place in early January between the US and China. Due to the partial government shutdown, weekly CFTC position data will not be released. The Cotlook A index was up 30 points from the previous day on Dec 27 at 81.95 cents/lb.

--provided by Brugler Marketing & Management

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