Cotton futures are trading with losses of 45 to 73 points in most contracts on Wednesday. The US Dollar Index is up $0.296 at $99.480. Crude oil rises another $1.96 to $95.72 The Seam on Tuesday reported sales of 137 bales at an average of 69.80 cents/pound. The Cotlook A index rose 55 points on…
Cotton futures fell between 10 and 62 points in the first few months, while other contracts rose between 6 and 26 points. July was down 127 points this week and December was up 26 points. The US dollar index was down $0.044 at $98.925. Crude oil was a pressure factor, down $1.14/bbl, money was flowing…
Cotton futures posted gains of 3 to 45 points on Friday, with a weekly gain of 215 points in May. The US Dollar Index rose $0.337 to $100.045. Crude oil saw some late-session buying up $6.68 on the day to $101.16. Export sales data now shows RB9.556 billion of combined cotton sales and shipments as…
Cotton futures rose between 55 and 68 points at the close on Tuesday. Crude oil fell $8.38 that day as the United States began escorting ships through the Strait of Hormuz, although it rebounded $8 from the low on reports that Iran was laying mines in the waterway. The US Dollar Index is back down…
Cotton futures fell at the close on Wednesday, as contracts fell between 7 and 12 points in the first few months. Crude oil futures rose $1.26 a barrel on the day to $64.47. The US dollar index rose $0.214 to $97.515. The Seam’s Tuesday online auction showed sales of 55.62 cents/pound on 8,680 bales. The…
Cotton futures are recovering on Tuesday with contracts up 65 to 76 points by midday, getting some help from the outside market. Crude oil futures rose $1.52 a barrel at midday to $62.14. The US Dollar Index is down another $0.717 to $96.140. The Seam’s Monday online auction showed sales of 59.58 cents/pound on 12,326…
Cotton futures fell between 2 and 5 points on Wednesday in the first months, losing some of their initial strength. Crude oil futures are up another 50 cents a barrel to $61.65. The US Dollar Index is down $0.049 to $98.860. The Seam’s Jan. 13 online auction showed sales of 60.08 cents/pound on 14,042 bales….
Cotton futures posted losses of 2 to 5 points in most contracts as the market closed 2025. Crude oil futures were down 54 cents a barrel at $57.41. The US dollar index rose $0.040 to $97.995. Futures will be closed on Thursday for New Year’s Day. The CFTC released an updated Trader Commitment report this…
Cotton futures were weaker on Monday, with contracts closing between 1 and 14 points lower. Crude oil futures rose $1.43 a barrel to $57.95. The US Dollar Index fell again by $0.317 to $97.935. The USDA export sales report indicated a total of 153,266 RB of cotton sold in the week ending December 4. That…
Cotton futures closed Friday’s session with contracts down 15 to 30 points on the day, while March was 78 points lower on the week. Crude oil futures rose 47 cents a barrel to $60.14 on the day, with the U.S. dollar index up $0.042 at $98.995. Lagged data from the CFTC showed that managed money…
