Cotton Higher at Midday

Cotton futures are trading Tuesday 61 to 86 points higher, with March futures the strongest.. The NCC cotton survey shared on Saturday has US growers planting 12.8 million acres of upland cotton and 244,000 acres of ELS varieties. The total would be down 5.5% from last year. The Seam online cotton trading platform added 3,189 bales sold on 02/14, for an average gross price of 59.39 c/lb. the total sales from last week were 31,712 bales. The 02/17 Cotlook A index was 25 points lower to 76.95 cents/lb. The AWP for cotton is 58.82 cents/lb.

Mar 20 Cotton is at 68.27, up 86 points,

May 20 Cotton is at 69.24, up 83 points

Jul 20 Cotton is at 70.07, up 79 points

Dec 20 Cotton is at 69.67, up 61 points

---provided by Brugler Marketing & Management




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