Cotton futures are up 134 to 265 points on the session, supported by NASS Crop Progress data showing 21% of the U.S. cotton crop planted as of May 3, 2 percentage points ahead of normal. The U.S. dollar index is 0.068 higher at 98.330, while crude oil is down $4.35 to $102.07. The update is modestly constructive for cotton, but overall market impact appears limited.
Cotton futures are up 134 to 265 points on the session, supported by NASS Crop Progress data showing 21% of the U.S. cotton crop planted as of May 3, 2 percentage points ahead of normal. The U.S. dollar index is 0.068 higher at 98.330, while crude oil is down $4.35 to $102.07. The update is modestly constructive for cotton, but overall market impact appears limited.
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mildly positive
Sentiment Score
0.15
