Cotton Falling Early on Monday

Cotton futures were down 65 to 103 points Monday morning after closing Friday up 89 to 199 points, with July finishing the week up 483 points and December up 398 points. The U.S. dollar index rose $0.146 to $98.065, adding a modest headwind for commodity prices. The note is largely a market update with no major fundamental catalyst identified in the excerpt.

Analysis

Cotton futures were down 65 to 103 points Monday morning after closing Friday up 89 to 199 points, with July finishing the week up 483 points and December up 398 points. The U.S. dollar index rose $0.146 to $98.065, adding a modest headwind for commodity prices. The note is largely a market update with no major fundamental catalyst identified in the excerpt.