Cotton Market News and Commentary
BRUG - Fri Feb 15, 12:20PM CST

Cotton futures are mixed at midday with the front months down 6 points to a point higher. The weekly Cotton Classing report from USDA showed that 232,083 bales of upland cotton was classed in the week ending on Thursday. That brings the MY total to 16.273 million bales for upland and 16.986 million bales including Pima. The Cotlook A Index was up 25 points on February 14 to 79.65 cents/lb. The USDA Adjusted World Price was updated to 62.27 cents/lb on Thursday. That is good through next Thursday and down 234 points from the week prior.

Mar 19 Cotton is at 70.07, down 6 points,

May 19 Cotton is at 71.69, down 2 points

Jul 19 Cotton is at 73.08, up 1 point

--provided by Brugler Marketing & Management




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