Cotton Closes Higher on Wednesday

Cotton futures closed Wednesday with 72 to 78 points gains in the front months. Talks are ongoing in Washington, with higher level players like China’s Liu He and USTR Lighthizer joining the fray on Thursday. Lui He will meet with President Trump Friday if talks tomorrow go as planned. Traders are also awaiting production updates from NASS on Thursday at 11 AM CDT. The Cotlook A Index remained 72.25 cents/lb for October 8. The AWP is 53.36 cents/lb and will be updated on Thursday.

DEC 19 Cotton closed at 62.1, up 78 points

MAR 20 Cotton closed at 62.82, up 79 points

MAY 20 Cotton closed at 63.47, up 72 points

-- provided by Brugler Marketing & Management

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