Home Markets News Weather

Cotton Prices Higher at Midday

« Go Back

After the Acreage report showed a larger decrease than anticipated new crop cotton futures are trading higher. Gains for new crop futures are 69 to 87 points. Old crop futures are unch in July and up by 71 points in Oct. The June acreage report from NASS showed that 12.19 million acres of cotton was planted. The average trade guess was for 13.15. That is down 1.518m acres from March and down 11.3% from 2019. Cotton ratings were up 2 points on the Brugler500 index, but still at just 317 as of Sunday. The Cotlook A index was 25 points lower on June 29, at 67.95 c/lb. The AWP for cotton is 49.60 cents/lb, with an LDP of 2.4 cents. Both are good through Thursday.

Jul 20 Cotton is at 59.62, unch

Oct 20 Cotton is at 60.84, up 71 points

Dec 20 Cotton is at 60.56, up 87 points

Mar 21 Cotton is at 61.16, up 87 points

--- provided by Brugler Marketing & Management

« Go Back

Real-time Login
     Get Real-time Data
Edit Preferences      Refresh:   On   Off