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Cotton #2 Futures PricesMonday, May 21st, 2012Current Prices | End-of-Day Prices | Options Quotes | Spread Quotes | Profile
Cotton futures recovered from earlier weakness but still settled 24 to 64 points lower on Monday. The weak global economic picture is keeping the pressure on. The Cotlook A Index was 86.40 +1.00. Cert Stocks as of May 18th are 152,106 with 83 new certs and no bales awaiting review. After the close, USDA showed that 62% of the US cotton crop has now been planted, vs. the 53% average pace. Kansas is the most notably ahead of schedule, with 50% planted vs. a 12% average. Jul 12 Cotton closed at 77.52, down 47 points,
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