Cotton Sees Marginal Losses at Midday

Cotton Futures are down 12 to 14 points in the nearby contracts, ignoring Oct which expires on Wednesday. USDA will report the progress of the US cotton crop later this afternoon. CFTC data released on Friday showed spec traders at a net short position of 24,795 contracts as of last Tuesday. The Cotlook A Index was up 30 points at 72.25 cents/lb for October 4. The AWP from Thursday is set at 53.36 cents/lb.

DEC 19 Cotton is at 61.55, down 12 points

MAR 20 Cotton is at 62.27, down 15 points

MAY 20 Cotton is at 63.12, down 14 points

-- provided by Brugler Marketing & Management

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