Agfax Buzz:

    September 5, 2013

    AFB Cotton Close: Ends Just Over 82 Cent Floor

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Cotton Comment

    Cotton prices closed lower today, as December cotton managed to stay just above the 82-cent price floor that has been established over the last few weeks. While U.S. cotton crop conditions remain bullish for prices, the weight of the global supply and demand situation continues to overshadow U.S. fundamentals.



    Futures:
    High Low Last Change
    Oct ’13 82.85 82.30 82.40 -0.43
    Dec ’13 82.95 82.11 82.30 -0.45
    Mar ’14 82.31 81.76 81.89 -0.43
    May ’14 82.24 81.83 81.98 -0.39
    Jul ’14 82.26 81.88 82.05 -0.33
    Oct ’14 77.70 -0.17
    Dec ’14 77.25 77.25 77.30 -0.13
    Mar ’15 77.13 -0.13

    Memphis, TN Cotton and Tobacco Programs

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