Cotton futures gained for the end of June, with contracts rising 22 to 43 points higher even after the USDA reported more acreage than expected. In related markets, crude oil fell $0.82/bbl to $69.83, while the US dollar index rose $0.118 to $100.995—factors that helped shape positioning as traders digested the annual June acreage report.
Cotton futures gained for the end of June, with contracts rising 22 to 43 points higher even after the USDA reported more acreage than expected. In related markets, crude oil fell $0.82/bbl to $69.83, while the US dollar index rose $0.118 to $100.995—factors that helped shape positioning as traders digested the annual June acreage report.
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mildly positive
Sentiment Score
0.15
