Cotton futures were pulled lower on Friday, as contracts were down 72 to 116 points on the day. The outside markets had some effect, as crude as down $1.85/barrel on the session. CFTC data showed managed money spec funds in cotton futures and options adding 4,357 contracts to their net...
Cotton futures are being pulled lower on Friday, as contracts are down 116 to 135 points at midday. The outside markets are having some effect, as crude is down $1/barrel on the day. With just under 2 reporting weeks left in the marketing year cotton export commitments of shipped and...
Cotton futures prices are down 33 to 56 points on Friday morning. They closed out Thursday with contracts 3 to 25 points in the green. December had an inside day on the daily chart. The outside markets may have had some effect, as crude was well off the morning lows...
Cotton futures closed out Thursday with contracts 3 to 25 points in the green. The outside markets may have had some effect, as crude was well off the morning lows and up 77 cents at $78.36/barrel on the day. This morning’s Export Sales report showed net reductions of 74,207 RB...
Cotton futures are trading with 19 to 32 point gains so far on Thursday, despite a weaker morning trade and lower export data. The outside markets may be having some affect, as crude is well off the morning lows and up 53 cents at $78.12/barrel. The US dollar index is...
Cotton prices are down 47 to 55 this morning. Futures continue to be under pressure, with losses of 83 to 100 points in most contracts at Wednesday’s close. The US dollar index was weaker, down 90 points at 104.085 for nearby futures. Crude oil rebounded from the previous day sell...
Cotton futures continue to be under pressure, with losses of 83 to 100 points in most contracts at Wednesday’s close. The US dollar index was weaker, down 90 points at 104.085 for nearby futures. Crude oil rebounded from yesterday’s sell off, up 33 cents at $77.29 per barrel. The focus,...
Cotton futures continue to be under pressure, with triple digit losses in most contracts at midday. Ideas of improved yield potential linger from Monday. Prices are down 192 to 158 points as this is written, with thinly traded October again the softest. Active December was down 114 points (1.14 cents/pound)....
Wednesday morning cotton market action has prices down 84 to 148 points. Cotton futures had another ugly day on Tuesday if you are futures bull or producer with unsold inventory. Prices settled 63 to 210 points lower, with thinly traded October the softest. Active December was down 114 points (1.14...
Cotton Falling on Improved Conditions Cotton futures had another ugly day on Tuesday if you are future bull or producer with unsold inventory. Prices settled 63 to 210 points lower, with thinly traded October the softest. Active December was down 114 points (1.14 cents/pound). USDA report showed improving US crop...
Cotton trade action down 83 to 102 points so far on Tuesday, as Monday’s USDA report showed improving conditions. Crude oil is adding to the pressure via the synthetic market, with $1.30 losses per barrel. Monday afternoon’s Crop Progress report showed 81% of the US cotton crop squaring, 5% faster...
Cotton trade action is down 30 to 37 so far this morning. Futures were down 5 to 10 points across the nearby contracts on Monday, with bellwether December settling midrange for the day. Crude oil was down 40 cents per barrel to add some pressure via the synthetic fiber market....
Cotton futures were down 5 to 10 points across the nearby contracts on Monday. Crude oil was down 40 cents per barrel to add some pressure via the synthetic fiber market. Monday afternoon’s Crop Progress report tallied 81% of the US cotton crop squaring, 5% faster than the normal squaring...
Cotton futures are down 5 to 10 points across most contracts on Monday. Crude oil is down 25 cents per barrel to add some pressure via the synthetic fiber market. President Biden announced he would not run for re-election. The 7 day QPF forecast calls for rains over widespread rains...
Cotton prices are showing 3 to 24 point higher trade on Monday morning. They were down 99 to 139 points at the Friday close, with thinly traded October the weakest but active December not far behind. Crude oil was down $2.69 per barrel to add some pressure via the synthetic...