Cotton futures were up 60 to 95 points early Tuesday, after most contracts gained 9 to 37 points on Monday. Crude oil rose another $0.65/bbl, while the US Dollar Index increased 0.209. The report also cited Monday afternoon Crop Progress at 73% (partial figure shown), contributing to the near-term bullish tone in cotton pricing.
Cotton futures were up 60 to 95 points early Tuesday, after most contracts gained 9 to 37 points on Monday. Crude oil rose another $0.65/bbl, while the US Dollar Index increased 0.209. The report also cited Monday afternoon Crop Progress at 73% (partial figure shown), contributing to the near-term bullish tone in cotton pricing.
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mildly positive
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0.20
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