Cotton Lower on Monday

Cotton futures are trading 59 to 95 points lower in most contracts at midday. USDA will release their weekly Crop Progress report this afternoon. The Cotlook A index for July 5 was UNCH from the previous day at 78.35 cents/lb. The USDA AWP is 59.32 cents/lb through Thursday. The weekly Cotton On-Call report from CFTC showed mills at a total of 32,814 contracts of unfixed call sales for December, with unfixed call purchases at 39,149 contracts.

OCT 19 Cotton is at 65.65, down 59 points

DEC 19 Cotton is at 65.87, down 95 points

MAR 20 Cotton is at 66.91, down 91 points

--provided by Brugler Marketing & Management




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