Cotton Rally Extends to Monday

Cotton futures extended Monday's gains, closing up 64 to 131 points. The U.S. dollar index fell $0.230 to $98.420, while crude oil rose $1.42 but pulled back from earlier highs after the breakdown in U.S./Iran negotiations over the weekend. The piece is a brief market update with modest cross-asset moves and geopolitically driven oil volatility.

Analysis

Cotton futures extended Monday's gains, closing up 64 to 131 points. The U.S. dollar index fell $0.230 to $98.420, while crude oil rose $1.42 but pulled back from earlier highs after the breakdown in U.S./Iran negotiations over the weekend. The piece is a brief market update with modest cross-asset moves and geopolitically driven oil volatility.