Cotton prices rose 115–120 early Monday, extending strength after Friday’s futures gained 45–99 points. The move held despite a production increase reflected in the WASDE, with markets effectively discounting it via the larger acreage from NASS last week. December cotton futures still closed the week up 442 points, signaling bullish momentum.
Cotton prices rose 115–120 early Monday, extending strength after Friday’s futures gained 45–99 points. The move held despite a production increase reflected in the WASDE, with markets effectively discounting it via the larger acreage from NASS last week. December cotton futures still closed the week up 442 points, signaling bullish momentum.
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mildly positive
Sentiment Score
0.25
