Agfax Buzz:

    October 4, 2013

    AFB Cotton Close: Prices Move Slightly Lower

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Cotton Comment

    Cotton prices closed lower today. After moving higher most to the week prices fell today as a combination of profit taking and overbought markets led to lower prices today. Like with other markets, without the report next week market will trade on the expectation of lower U.S. acreage and and potential of tighter supplies.

     

    Futures:
    High Low Last Change
    Oct ’13 85.83 +0.04
    Dec ’13 87.68 86.82 86.94 -0.50
    Mar ’14 87.54 86.85 86.86 -0.51
    May ’14 87.42 86.80 86.80 -0.59
    Jul ’14 86.94 86.62 86.68 -0.34
    Oct ’14 82.28 -0.24
    Dec ’14 81.44 81.00 81.18 -0.05
    Mar ’15 80.78 -0.05

    Memphis, TN Cotton and Tobacco Programs

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