Cotton futures reverted to continued weakness as the recent drop in prices hasn’t seemed to attract much export business according to recent USDA data. Contracts were down 35 to 120 points on the day. This morning’s Export Sales report showed 97,408 RB of upland cotton sold in the week ending...
Cotton futures are reverting to continued weakness, despite an overnight recovery. Contracts are down 88 to 101 points at midday, as May is showing thin trade. This morning’s Export Sales report showed 97,408 RB of upland cotton sold in the week ending on April 25, down 45% from the previous...
Cotton prices are higher after 58 to 115 point gains in overnight action. Futures were down 37 to 211 points across the board on Wednesday. Crude Oil was feeling the pressure, below $80 per barrel on the day, $2.77 lower. The Fed showed no changes to rates after their 2...
Cotton futures are down 37 to 211 points across the board at the close. Crude Oil was feeling the pressure, below $80 per barrel on the day, $2.77 lower. The Fed showed no changes to rates after their 2 day meeting this afternoon, and stated they need to see inflation...
Cotton futures are down 128 to 210 points across most contracts at midday. Crude Oil was is feeling the pressure, down below $80 per barrel at midday, down $2.65. The US dollar index is up 40 points on the day. The Fed will be out later this afternoon after their...
Cotton futures are down to 60 points as we roll into Wednesday and the monthly USDA Cotton Consumption report. Cotton futures collapsed on Tuesday, with contracts down 128 to 309 points across the front months and deferreds 31 to 79 points lower. July hit the lowest reading since last June....
Cotton futures collapsed on Tuesday, with contracts down 128 to 309 points across the front months and deferreds 31 to 79 points lower. Price limits are back to 3 cents due to nearby futures getting back to the 70 cent level. Crude Oil was down $1.09 per barrel, with the...
Cotton futures are posting losses of 72 to 304 points on Tuesday, pressure by some outside market factors. Crude Oil is down $0.96 per barrel, with the US dollar index up 602 points on the day. Weekly Crop Progress data indicated 15% of the US cotton crop planted a of...
Cotton futures are trading 133 to 271 points lower this morning. They were up 38 to 94 points on Monday. Active December is leading the way, up 94 points. The outside markets were mixed, with Crude Oil down $1.04 per barrel, with the US dollar index down 279 points and...
Cotton futures were up 38 to 94 points on Monday. Active December is leading the way up 94 points. The outside markets were mixed, with Crude Oil down $1.04 per barrel, with the US dollar index down 279 points, adding a little support. Weekly Crop Progress data indicated 15% of...
Cotton futures are up 59 to 86 points so far at Monday’s midday. Active December is leading the way up 86 points. The outside markets were mixed, with Crude Oil down 77 cents per barrel, with the US dollar index down 449 points, adding a little support. CFTC data released...
Cotton prices are starting off the week with a bounce, as contracts are up 47 to 68 points. Cotton settled lower on Friday, by 18 to 39 points. Nearby May is in deliveries, and only one trade was reported for the entire day, at 80.07. Active December was down 33...
Cotton futures settled lower on Friday, by 18 to 39 points. Nearby May is in deliveries, and only one trade was reported for the entire day, at 80.07. Active December was down 33 points and settled just a few ticks off of the intraday low. The outside markets were mixed,...
Cotton futures showing mixed action on Friday, with front months up 6 to 49 points and December and beyond down 3 to 22 points. The outside markets are providing a mixed influence, with crude oil up 45 cents/barrel and the US dollar index 469 points higher. ICE certified cotton stocks...
Cotton futures are up 6 to 45 this morning. They posted mixed action on Thursday, with contracts anywhere from up 38 points to 21 points lower. The outside market influences saw crude oil up $1.03/barrel (highest close since April 16) and the US dollar index 260 points lower. USDA Export...