Cotton futures are up 77 to 90 points early Wednesday, with June contracts ending higher despite the USDA reporting more acres than expected on Tuesday. Crude oil fell $0.82/bbl to $69.83, while the US dollar index rose $0.118, indicating mixed macro inputs supporting cotton's near-term strength.
Cotton futures are up 77 to 90 points early Wednesday, with June contracts ending higher despite the USDA reporting more acres than expected on Tuesday. Crude oil fell $0.82/bbl to $69.83, while the US dollar index rose $0.118, indicating mixed macro inputs supporting cotton's near-term strength.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
