Cotton Closes Mostly Higher on Monday
BRUG - Mon Jun 10, 5:33PM CDT

Cotton futures were up 6 to 40 points in most contracts on Monday, ignoring thinly traded Oct. This afternoon’s Crop Progress report showed US cotton planting progress moving just 4% from last week to 75% complete. That is behind the average pace of 87%, with 11% squaring. Condition ratings were down 2% to 44% gd/ex, with the Brugler500 index down 9 points to 329. The Cotlook A index for June 7 was down 25 points from the previous day to 79.35 cents/lb. The weekly Average World Price (AWP) from USDA is now 61.51 cents/lb through next Thursday.

Jul 19 Cotton closed at 65.990, up 40 points,

Oct 19 Cotton closed at 65.870, down 1 point

Dec 19 Cotton closed at 65.570, up 6 points

--provided by Brugler Marketing & Management

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