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Market Impact: 0.2

Cotton Mixed at Midday

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Crude oil rose $1.58 to $97.79 (+~1.6%) and the US dollar index climbed $0.27 to 99.610 (+~0.3%). Cotton futures traded modestly (down 6 points to up 9 points), the Cotlook A Index jumped 230 points, and The Seam reported 15,400 bales sold on 3/17 at an average 64.28¢/lb.

Analysis

Crude oil rose $1.58 to $97.79 (+~1.6%) and the US dollar index climbed $0.27 to 99.610 (+~0.3%). Cotton futures traded modestly (down 6 points to up 9 points), the Cotlook A Index jumped 230 points, and The Seam reported 15,400 bales sold on 3/17 at an average 64.28¢/lb.

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