Cotton Sharply Lower On Profit Taking
BRUG - Mon Apr 15, 12:15PM CDT

Cotton futures are posting triple digit losses in most contracts on Monday on profit taking . Spec funds in cotton futures and options added 5,945 contracts to their CFTC net long position at 14,652 contracts as of 4/9. USDA will release their weekly Crop Progress report as of 4/14 this afternoon, with updated cotton planting progress. The Cotlook A Index was down 50 points at 86.70 on April 12. The weekly AWP was updated to 69.21, 99 points higher than the previous week.

May 19 Cotton is at 76.56, down 155 points,

Jul 19 Cotton is at 77.03, down 183 points

Oct 19 Cotton is at 75.8, down 288 points

Dec 19 Cotton is at 75.900, down 129 points

--provided by Brugler Marketing & Management




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.