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 March 2nd totaled 248,900 running bales. Sales were down 48 percent from previous week and down 22 percent from the four week average. There were 215,500 running bales sold for 2018. May New York Cotton is trading at 77.90, down 0.19 cents/lb. July New York Cotton is trading at 78.86, down 0.17 cents/lb.