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Alan Brugler
Cotton Gains into the Holiday Weekend
BarchartThu Mar 28, 4:29PM CDT
May cotton futures kept to a mostly tight range from -26 to +120 points, and finished the day with a 61 point gain. The lead month finished the week with a net 15 point loss, and closed the month of March a net 8.2 cents/lb in the red after setting...
Cotton Mostly Higher with Low Acreage Reported
BarchartThu Mar 28, 11:53AM CDT
Cotton futures are 70 points off their session highs into midday, following a strong surge out of the NASS data. New crop futures are also up by 21 to 43 points for midday. FAS data showed cotton bookings were 98.2k RBs for the week that ended 3/21. That was up...
Cotton Firms into USDA Reports
BarchartThu Mar 28, 7:15AM CDT
Cotton futures are trading mixed in new crop but 50 to 60 points higher in old crop ahead of the weekly USDA Export Sales report and the Planting Intentions report. Futures were down sharply on Wednesday on some pre-holiday profit taking. The old crop contracts sank more than 2 pennies...
Cotton Closes Near Lows with 2 Cent Losses
BarchartWed Mar 27, 6:14PM CDT
The old crop market faded by more than 2 pennies per pound on Wednesday, though the new crop futures firmed up off their session lows for the bell. New crop prices were still 82 to 96 points in the red, though Dec was 33 points off the low. The Seam...
2 Cent Losses in Cotton Market
BarchartWed Mar 27, 11:42AM CDT
Old crop cotton futures are at or near their lows for the day with more than 200 point losses so far. New crop futures are also triple digits in the red for the midweek pullback. Dec is now sitting at an 85 point loss for the week’s move. The 3/26...
Cotton Giving Back Gains into Wednesday
BarchartWed Mar 27, 7:20AM CDT
Cotton is trading back down by as much as 108 points this morning, which has May’s weekly gain at 86 points at midweek. Old crop cotton closed 80 points off the Tuesday session highs, but still 116 to 139 points in the black. New crop futures were also 10 to...
Tuesday Gains for Cotton Futures
BarchartTue Mar 26, 5:12PM CDT
Old crop cotton closed 80 points off the session highs, but still 116 to 139 points in the black. New crop futures were also higher, but ended ~10 points off the session high for 10 to 30 point gains. Analysts are looking for Thursday’s Planting Intentions report to show between...
Cotton Rallying Triple Digits through Tuesday
BarchartTue Mar 26, 12:08PM CDT
Tuesday’s cotton futures are trading with triple digit gains so far at midday in the old crop contracts. The new crop futures are mixed, but mostly higher within 10 points of UNCH. Analysts are looking for Thursday’s Planting Intentions report to show between 10.4m and 11.3m acres for 2024/25 cotton....
Cotton Rallying Triple Digits in AM Trade
BarchartTue Mar 26, 7:14AM CDT
Cotton is backing off the overnight highs, but old crop futures are still up by triple digits into Tuesday. The old crop cotton market was up by as much as 78 points to finish the first trading day of the week. New crop futures were mixed as Mar ’25 closed...
Monday Cotton Closed Mostly Higher
BarchartMon Mar 25, 5:06PM CDT
The old crop cotton market was up by as much as 78 points to finish the first trading day of the week. New crop futures were mixed as Mar ’25 closed UNCH and May ’25 went home 11 points in the red. Analysts are looking for Thursday’s Planting Intentions report...
Mixed Midday for Cotton Market
BarchartMon Mar 25, 12:25PM CDT
Old crop cotton futures are trading 51 to 68 points in the black. Nearby new crop futures are off 30 points off their lows, but are still down by 3 to 20 points starting the week. Analysts are looking for Thursday’s Planting Intentions report to show between 10.4m and 11.3m...
Monday Starting Red in Cotton Market
BarchartMon Mar 25, 7:24AM CDT
Cotton is trading with 7 to 23 point losses so far into the new week. Dec cotton was the outsider for the market, closing the last trade day with a 3 point gain. Dec finished the week 27 points above last Friday’s settle. The other active futures were 3 to...
Cotton Futures Push Lower into Weekend
BarchartFri Mar 22, 5:20PM CDT
Dec cotton was the outsider for the market, closing the last trade day with a 3 point gain. Dec finished the week 27 points above last Friday’s settle. The other active futures were 3 to 68 points in the red for the day, leading May to a weekly pullback of...
Cotton Backing Off into Midday
BarchartFri Mar 22, 12:02PM CDT
Friday’s cotton trade has the board sitting 7 to 30 points in the red. May is now down by more than 2c for the week’s move. Export Sales data from the week that ended 3/14 showed 92,620 RBs of old crop cotton and 40.5k RBs of new crop was sold...
Morning Cotton Trade Working in Red
BarchartFri Mar 22, 7:27AM CDT
Cotton futures are trading 60 points off the overnight lows, but still down by 5 to 20 points this morning. After trading both sides of UNCH on Thursday, the cotton market ended the session in the black though by less than 50 points. May prices traded from -34 to +132...
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