Wednesday trade in the cotton market had futures continuing the slide, with losses of 30 to 173 points, left by the nearbys. Pressure was coming from the crude oil side of things, with futures down $2.50. The US dollar index was also lower, down 295 points. ICE certified cotton stocks...
Midday action in the cotton market is showing losses of 48 to 198 points so far on Wednesday, as the trend remains lower. Pressure is being felt from the crude oil side of things, with futures down $2.79 at midday. ICE certified cotton stocks were up another 2,269 bales on...
Cotton futures are down 36 to 89 points following overnight action. The closing bell in the cotton market had futures down 51 to 251 points. The outside market had little impact, as WTI crude oil was up 17 cents, with the US dollar index up 187 points. Cotton planting in...
The closing bell in the cotton market had futures down 51 to 251 points. The outside market had little impact, as WTI crude oil was up 17 cents, with the US dollar index up 187 points. Cotton planting in the two major cotton growing states is off to a slightly...
Midday cotton action has prices back in free fall mode, as contracts are down 154 to 270 points on Tuesday. Cotton planting across the US has now been reported at 8% complete according to NASS, even with the average pace in the last 5 years. That was also 1% ahead...
Cotton futures are trading 59 to 78 points lower so far this morning. Prices saw some strength on Monday, with futures up 16 to 62 points. Crude oil closed with just a 3 cent gain, as Israel signaled possible retaliation over the weekend’s strike from Iran. The US dollar index...
Cotton futures saw some strength on Monday, with futures up 16 to 62 points. Crude oil closed with just a 3 cent gain, as Israel signaled possible retaliation over the weekend’s strike from Iran. The US dollar index was up 168 points. Cotton planting across the US has now been...
Cotton futures are recovering from last week’s continued drop, as contract are up 43 to 98 points on the day so far. That is in spite of crude oil down $1.12 and a slightly stronger US dollar index. Friday afternoon’s Commitment of Traders report showed spec fund longs with a...
Cotton is trading 83 to 131 points higher following overnight action. Futures were down 17 to 75 points in most contracts on Friday’s close. Crude oil backed off the early strength to close with gains of just 44 cents. Oil had a muted reaction to rising Middle East tensions over...
Cotton futures were down 17 to 75 points in most contracts on Friday’s close. Crude oil backed off the early strength to close with gains of just 44 cents. The US dollar index was up 756 points on the day. The Cotton On-Call report from CFTC showed unfixed call sales...
Cotton futures are down 37 to 75 points so far at Friday’s midday. Early Crude oil strength provided some support, but they have since backed off to just 95 cents a barrel higher on the day. Premium is being added into the market with risks of a Middle East conflict...
Cotton futures are down 30 to 82 points this morning. Thursday action in the cotton market saw losses of 40 to 194 points. The outside markets provided some pressure, with crude oil down 63 cents and the US dollar index extending Wednesday’s strength. The weekly Export Sales release from FAS...
Thursday action in the cotton market saw losses of 40 to 194 points. The outside markets provided some pressure, with crude oil down 63 cents and the US dollar index extending Wednesday’s strength. The weekly Export Sales release from FAS showed 81,500 RB of old crop upland cotton sales in...
Midday action has cotton down 83 to 163 points at midday, led by the front months. The outside markets are providing some pressure, with crude oil down $1 and the US dollar index up 144 points. The weekly Export Sales release from FAS showed 81,500 RB of old crop upland...
Cotton is trading 40 to 80 points lower in early Thursday action, with thinly traded October the weakest . Futures closed out the day 73 to 76 points lower in the old crop contracts on Wednesday, with new crop months up 12 to 21 points. March CPI data was released...