We use cookies on our website. By continuing to browse our site, you are agreeing to our use of cookies. Find out more about our cookies Hide

Cotlook Indices

Expand
Cotlook 'A' Index 63.55 (+0.50) 14:32 GMT 26th Mar, 2020

PCCA 50th comments

 

The marketing staff of Plains Cotton Cooperative Association (PCCA) reviews the Cotlook A-Index price level, changes and composition on a daily basis as part of our price discovery process in order to answer the following questions:

  • Which growths are quoted, and which growths have gone nominal?
  • Which of the quoted growths are available for prompt shipment or delayed?
  • Where are our prices relative to the growths represented in the A-Index quotes?
  • Does the A-Index, along with other signals, help provide any clues to predict pricing/basis level trends?

The Cotlook A-Index has been the benchmark used for loan repayment calculations under the Marketing Assistance Loan program since the beginning of the 1985 Farm Bill.  Since then, PCCA has used the A-Index quotes as a market signal to know when to redeem cotton from the loan program in order to maximize benefits to our members.