Cotton futures were up 22 points in July, while nearby contracts gained about 90 points at midday, supported by the USDA’s annual June Acreage report showing cotton acres planted this spring at 9.85 (units not specified). Cross-asset signals were mixed: crude oil fell $1.22/bbl to $65.28 and the US dollar index rose 0.183 to 101.140.
Cotton futures were up 22 points in July, while nearby contracts gained about 90 points at midday, supported by the USDA’s annual June Acreage report showing cotton acres planted this spring at 9.85 (units not specified). Cross-asset signals were mixed: crude oil fell $1.22/bbl to $65.28 and the US dollar index rose 0.183 to 101.140.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.18
