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Cotton Steady on Wednesday Morning

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Cotton futures were up 11 to 32 points Wednesday. The U.S. Dollar Index rose $0.133 to 99.375, crude oil fell $1.71 intraday (nearly $3.50 off the lows), and The Seam reported 2,087 bales sold at an average of $0.6817/lb.

Analysis

Cotton futures were up 11 to 32 points Wednesday. The U.S. Dollar Index rose $0.133 to 99.375, crude oil fell $1.71 intraday (nearly $3.50 off the lows), and The Seam reported 2,087 bales sold at an average of $0.6817/lb.

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