Cotton Retreats on Tuesday

Cotton futures finished Tuesday down 105 to 145 points in the front months, pressured alongside a firmer U.S. dollar index at 98.190 and higher crude oil at $102.05. The USDA Cotton Ginnings report showed 13.539 million RB ginned for 2025/26, adding an economic supply data point but not a major catalyst on its own. The tone is mildly negative for cotton, with the move likely reflecting soft futures sentiment rather than a broader macro shock.

Analysis

Cotton futures finished Tuesday down 105 to 145 points in the front months, pressured alongside a firmer U.S. dollar index at 98.190 and higher crude oil at $102.05. The USDA Cotton Ginnings report showed 13.539 million RB ginned for 2025/26, adding an economic supply data point but not a major catalyst on its own. The tone is mildly negative for cotton, with the move likely reflecting soft futures sentiment rather than a broader macro shock.