Cotton futures are up 108 to 146 points at midday, while crude oil is down $5.22 to $75.53 and the US dollar index is lower by $0.136 at 99.240. USDA Crop Progress showed 86% of the US cotton crop planted as of Sunday, 2% behind the average pace. The update is mostly market color for cotton and related commodity trading rather than a broad macro catalyst.
Cotton futures are up 108 to 146 points at midday, while crude oil is down $5.22 to $75.53 and the US dollar index is lower by $0.136 at 99.240. USDA Crop Progress showed 86% of the US cotton crop planted as of Sunday, 2% behind the average pace. The update is mostly market color for cotton and related commodity trading rather than a broad macro catalyst.
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