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Cotton Seeing Strength on Tuesday Morning, as NASS Slashes Crop Ratings

Commodities & Raw MaterialsEnergy Markets & PricesCurrency & FXMarket Technicals & Flows

Cotton futures are higher again on Tuesday, with prices up 30–35 points so far and Monday’s session running 6–34 points higher across most contracts. The broader tape is also firmer: crude oil is up $1.19/bbl to $70.42 and the US dollar index is down $0.247 to 100.880, likely supporting commodities, though Monday’s Crop Progress headline (97% of the...) cuts off mid-sentence in the provided text.

Analysis

Cotton futures are higher again on Tuesday, with prices up 30–35 points so far and Monday’s session running 6–34 points higher across most contracts. The broader tape is also firmer: crude oil is up $1.19/bbl to $70.42 and the US dollar index is down $0.247 to 100.880, likely supporting commodities, though Monday’s Crop Progress headline (97% of the...) cuts off mid-sentence in the provided text.

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