Cotton Slightly Lower at Midday

Cotton futures are trading 23 to 57 points lower in most contracts on Wednesday’s midday. The 5-day QPF shows most cotton growing areas west of MS with very little moisture over that timeframe. USDA will update the weekly Export Sales reports on Thursday morning. The Cotlook A index for July 16 was up 130 points from the previous day at 74.95 cents/lb. The weekly AWP is 58.05 cents/lb through for this week and will be updated on Thursday.

OCT 19 Cotton is at 62.1, down 23 points,

DEC 19 Cotton is at 62.66, down 40 points

MAR 20 Cotton is at 63.71, down 57 points

MAY 20 Cotton is at 64.61, down 57 points

--provided by Brugler Marketing & Management

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