Cotton futures have been up 21 to 54 factors thus far throughout the entrance months on Tuesday. The greenback index was up 122 factors on the day, with crude oil futures again down $2.39/barrel.
Crop Progress information from NASS pegged situation scores again down 4% to 40% within the gd/ex classes, with the Brugler500 index dropping 9 factors to 306. Rankings in TX have been 17 factors worse, with GA down 6 factors.
The Seam ported 2,051 on-line money cotton bale gross sales on Monday, common 58.46 cents/lb. ICE cotton shares have been unchanged on September 9, leaving 265 bales of cert shares. The Cotlook A Index was down 140 factors on September 9 at 79.40 cents/lb. The USDA Adjusted World Worth (AWP) was raised by 29 factors from the week prior on Thursday to 57.27 cents/lb.
Dec 24 Cotton closed at 68.21, up 52 factors,
Mar 25 Cotton closed at 69.84, up 38 factors,
Could 25 Cotton closed at 71.13, up 33 factors
On the date of publication,
Austin Schroeder
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