USDA Export Sales; Cotton Futures Little Changed

The USDA reported today that cotton weekly export sales for the current marketing year for the period ending February 2nd totaled 208,100 running bales. Sales were down 36 percent from previous week and down 39 percent from the four week average. There were 46,000 running bales sold for 2018. March New York Cotton is trading at 75.43, up 0.18 cents/lb. May New York Cotton is trading at 76.62, up 0.19 cents/lb.