Cotton Commentary
Cotton Trades in Red
Midday cotton trading has futures 25 to 43 points lower in classic Turnaround Tuesday fashion after the big gains on Monday. The weekly NASS Crop Progress report showed 69% of the crop had been harvested through 11/15. That was up 8% on the week and ...
Cotton Fading Big Monday Rally
After the triple digit gains on Monday, overnight cotton trade was 15 to 28 lower to set up a possible Turnaround Tuesday fade. The weekly NASS Crop Progress report showed 69% of the crop had been harvested through 11/15. That was up 8% on the week a...
Cotton Triple Digits Stronger
More positive vaccine news (Moderna) left equities and cotton futures in the black on Monday. Cotton closed the first trading day of the week 111 to 136 points higher. The weekly NASS Crop Progress report showed 69% of the crop has been harvested thr...
Cotton Rallying Triple Digits
Monday cotton trading is pushing futures 142 to 145 points higher at midday. The dollar is weaker so far, down against the yuan and yen and firm against the Euro. The stock market is higher as Moderna also released positive data about their COVID-19 ...
Cotton Futures Up 61 to 75 Points This Morning
Overnight cotton trading has futures 61 to 75 points higher than Friday’s close. On Friday prices were 2 to 46 points lower. USDA’s Export Sales report showed 236,760 RBs of cotton booked on the week ending 11/5. That was more than double last we...

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