Cotton futures are trading a modest 1 to 3 points lower this morning. They were mixed on Thursday with the front months down 16 to 28 points, and deferred contracts slightly higher. The dollar was stronger on the day, adding pressure to the market, with no Export sales data to be supportive. The weekly AWP update is not being released due to the government shutdown, as well as the CFTC Commitment of Traders and Cotton on Calls reports. The Cotlook A index was down 85 points from the previous day on January 9 at 81.05 cents/lb.
--provided by Brugler Marketing & Management