Cotton #2 Futures PricesWed, Apr 23rd, 2014
Latest Brugler Cotton #2 Report
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Cotton futures are trading 73 to 89 points lower. Outside markets in the US helped provide a positive influence yesterday with the S&P 500 futures up 10 handles at 1875. The US dollar index was slightly weaker. ICE Certified stocks were reported @ 292,117 bales, with 7,742 new certs, 0 decerts and 4,296 bales awaiting review. USDA reported that 9% of the US cotton crop is planted vs. 10% last year and the 5 year average of 12%.
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