Cotton Giving Back Wednesday Gains
BRUG - Thu Nov 14, 12:23PM CST

Cotton futures are giving back some of Wednesday’s gains. Nearby contracts are 5 to 13 points lower so far. CONAB issued a 2.73 MMT forecast for the 19/20 Brazilian cotton crop, which is 10,000 above the October estimate. The 11/13 Cotlook A Index regained 40 points to 75.40 cents/lb. Later this Afternoon the USDA FSA will update the AWP for cotton, last week they revised it 70 points lower.

DEC 19 Cotton is at 64.15, down 7 points,

MAR 19 Cotton is at 65.97, down 8 points

MAY 20 Cotton is at 67.19, down 5 points

JUL 20 Cotton is at 68.24, down 13 points

--provided by Brugler Marketing & Management

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