Cotton Market News and Commentary

Cotton futures are posting strong 150 to 180 point gains in most contracts on Wednesday. Higher crude oil prices and a weaker dollar are supportive. Some of the focus in the recent US/China trade talks was over China’s pledge to buy a substantial amount of US goods. At the moment, we have little way of gauging current export demand with the government shutdown keeping the Export Sales reports from being released. The Cotlook A index was up 40 points from the previous day on January 8 at 81.90 cents/lb.

Mar 19 Cotton is at 73.47, up 180 points,

May 19 Cotton is at 74.77, up 170 points

Jul 19 Cotton is at 75.9, up 150 points

--provided by Brugler Marketing & Management




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