Cotton futures are trading 10 to 57 points higher in the nearby contracts at Wednesday’s midday. A weaker US dollar index and stronger crude oil is helping cotton so far on Wednesday. The Cotlook A Index was down 20 points on March 12 to 81.55 cents/lb. The USDA Adjusted World Price (AWP) is 63.42 cents/ lb through Thursday. USDA will release the Export Sales report on Thursday morning, showing bookings for the week of March 7.
May 19 Cotton is at 75.42, up 57 points,
Jul 19 Cotton is at 76.51, up 47 points
Dec 19 Cotton is at 74.380, up 10 points
--provided by Brugler Marketing & Management