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Cotton Rallying on Monday

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Cotton futures rose 22 to 79 points across most contracts, led by the front months. The US dollar index was down $0.025 at 99.830 and crude oil climbed $1.06 to $112.60. USDA Crop Progress showed 5% of the US cotton crop planted, an early-season planting update that could influence seasonal supply expectations.

Analysis

Cotton futures rose 22 to 79 points across most contracts, led by the front months. The US dollar index was down $0.025 at 99.830 and crude oil climbed $1.06 to $112.60. USDA Crop Progress showed 5% of the US cotton crop planted, an early-season planting update that could influence seasonal supply expectations.

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