BRUG - Fri Aug 18, 12:07PM CDT

Cotton futures are mostly 23 to 44 points higher, as nearby Oct is showing no trade. The US dollar is slightly supportive, as it is down 160 points. Upland cotton export commitments are 66.3% larger than last year at this time, @ 6.13 million RB. The USDA cotton AWP for the coming week will be 59.70, down from 62.46 cents/lb in the week just ended. The Cotlook A index for August 17 was down 30 points at 77.40 cents/lb. China sold 23,400 MT of the 29,476 MT of cotton offered at Thursday’s auction of state reserves.

Dec 17 Cotton is at 67.35, up 44 points

Mar 18 Cotton is at 66.99, up 23 points

May 18 Cotton is at 67.620, up 29 points

Market Commentary provided by:

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