Cotton Market Rebounds From Tuesday Losses
BRUG - Wed Oct 09, 7:31AM CDT

Cotton futures are trading 77 to 102 higher this morning. They settled with 51 to 62 point losses in the front months on Tuesday. The market removed “China deal” premium as both sides are downplaying the possibility of a deal. Talks are ongoing in Washington, with higher level players like China’s Liu He and USTR Lighthizer joining the fray on Thursday. Crop Progress data showed 77% of the bolls open in TX (65% avg), with harvest at 25%. The Cotlook A Index was unch at 72.25 cents/lb for October 7. The AWP is 53.36 cents/lb, effective through Thursday.

-- 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.