Cotton futures were 6 to 34 points higher across most contracts, while crude oil rose $1.19 to $70.42 and the US dollar index fell 0.247 to 100.880. Monday afternoon Crop Progress data showed 97% of the US cotton crop planted, matching the average pace, indicating no major supply surprise. The report is largely routine market color with modest cross-commodity price support.
Cotton futures were 6 to 34 points higher across most contracts, while crude oil rose $1.19 to $70.42 and the US dollar index fell 0.247 to 100.880. Monday afternoon Crop Progress data showed 97% of the US cotton crop planted, matching the average pace, indicating no major supply surprise. The report is largely routine market color with modest cross-commodity price support.
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