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Cotton Rallying on Wednesday

Commodities & Raw MaterialsEnergy Markets & PricesInflation

Cotton futures were up 133 to 163 points at midday, while crude oil was down about $0.10 on the day. The US dollar index was up $0.281, and Central Texas is forecast to see roughly 1 to 3 inches of precipitation over the next week, with additional weather impacts discussed for the Panhandle.

Analysis

Cotton futures were up 133 to 163 points at midday, while crude oil was down about $0.10 on the day. The US dollar index was up $0.281, and Central Texas is forecast to see roughly 1 to 3 inches of precipitation over the next week, with additional weather impacts discussed for the Panhandle.

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