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Alan Brugler
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Cotton Weaker at Friday’s Midday
BarchartFri Mar 28, 12:24PM CDT
Cotton futures are trading with 21 to 32 point losses on Friday’s midday. Crude oil futures are down 54 cents/barrel, as the US dollar index $0.282 lower on the day. USDA Export Sales data has commitments for upland cotton at 10.309 million RB, which lags last year by 5%. That...
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Cotton Pulling Back on Friday Morning
BarchartFri Mar 28, 7:40AM CDT
Cotton price action is down 14 to 30 cents across the board on Friday morning. Futures posted strength on Thursday, as contracts closed with front month gains of 100 to 139 points. The outside markets were supportive on the day. Crude oil futures were up 29 cents/barrel, as the US...
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Cotton Rallies Triple Digits on Thursday
BarchartThu Mar 27, 4:52PM CDT
Cotton futures posted strength on Thursday, as contracts closed with front month gains of 100 to 139 points. The outside markets were supportive on the day. Crude oil futures were up 29 cents/barrel, as the US dollar index $0.292 lower on the day. USDA Export Sales data totaled 84,405 RB...
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Cotton Strength Extending to Thursday
BarchartThu Mar 27, 12:30PM CDT
Cotton futures are showing midday gains of 85 to 109 on Thursday. The outside markets are supportive on the day. Crude oil futures are up 8 cents/barrel and the US dollar index $0.342 higher on the day. USDA Export Sales data totaled 84,405 RB for 2024/25 in the week ending...
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Cotton Higher Again on Thursday AM
BarchartThu Mar 27, 7:33AM CDT
Cotton price action is 7 to 18 points in the green on Thursday ahead of the weekly Export Sales release. Futures closed out the Wednesday session with contracts getting a midweek pop. Front months were up 40 to 54 points at the closing bell. Crude oil futures were up 94...
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Cotton Post Wednesday Gains
BarchartWed Mar 26, 5:05PM CDT
Cotton futures closed out the Wednesday session with contracts getting a midweek pop. Front months were up 40 to 54 points at the closing bell. Crude oil futures were up 94 cents/barrel and the US dollar index $0.369 higher on the day. The Seam showed 2,569 bales in online sales...
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Cotton Bulls Gaining Ground on Wednesday
BarchartWed Mar 26, 12:19PM CDT
Cotton futures are showing 53 to 56 point gains in the nearbys on Wednesday. Crude oil are futures up 82 cents/barrel and the US dollar index $0.164 higher so far on the day. The Seam showed 2,569 bales in online sales on Tuesday at an average price of 57.80 cents/lb....
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Cotton Starting Wednesday with some Strength
BarchartWed Mar 26, 7:37AM CDT
Cotton prices are kicking off Wednesday trade with 30 to 47 point gains. Futures saw some weakness on Tuesday with contracts as much at 28 points lower in the nearbys. The outside factors were supportive, albeit slightly. Crude oil were futures up 9 cents/barrel and the US dollar index $0.081...
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Cotton Weaker on Tuesday
BarchartTue Mar 25, 5:15PM CDT
Cotton futures saw some weakness on Tuesday with contracts as much at 28 points lower in the nearbys. The outside factors were supportive, albeit slightly. Crude oil were futures up 9 cents/barrel and the US dollar index $0.081 lower so far on the day. Analysts surveyed by Bloomberg estimate next...
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Cotton Back to Weakness at Tuesday’s Midday
BarchartTue Mar 25, 12:15PM CDT
Cotton futures are showing 21 to 35 point losses so far at Tuesday’s midday. The outside factors are again mixed, with crude oil futures down 24 cents/barrel and the US dollar index $0.176 lower so far on the day. Analysts surveyed by Bloomberg estimate next Monday’s Prospective Planting report to...
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Cotton Sneaking Out Strength on Tuesday Morning
BarchartTue Mar 25, 7:40AM CDT
Cotton price action is following up Monday’s gains with Tuesday AM strength of 9 to 20 points. Futures closed the Monday session with contracts up 15 to 27 points. The outside factors were mixed, with crude oil futures up 88 cents/barrel and the US dollar index $0.236 higher on the...
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Cotton Firm to Close Higher on Monday
BarchartMon Mar 24, 5:12PM CDT
Cotton futures closed the Monday session with contracts up 15 to 27 points. The outside factors were mixed, with crude oil futures up 88 cents/barrel and the US dollar index $0.236 higher on the day. The Seam showed another 1,614 bales in online sales on 3/21 at an average price...
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Cotton Turning Higher at Midday
BarchartMon Mar 24, 12:16PM CDT
Cotton futures are showing 22 to 30 point gains so far on Monday’s midday. The outside factors are mixed, with crude oil futures up 77 cents/barrel and the US dollar index $0.311 higher on the day. Friday’s CFTC Commitment of Traders report showed managed money cutting back 6,793 contracts from...
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Cotton Starting Monday in the Red
BarchartMon Mar 24, 7:37AM CDT
Cotton price action is steady to 15 points in the red early on Monday trade. Futures closed the Friday session with contracts falling back 70 to 81 points on the day. May closed the week slipping 210 points since last Friday. The outside factors were mixed, with crude oil futures...
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Cotton Falls Weaker on Friday
BarchartFri Mar 21, 4:53PM CDT
Cotton futures closed the Friday session with contracts falling back 70 to 81 points on the day. May closed the week slipping 210 points since last Friday. The outside factors were mixed, with crude oil futures up 30 cents/barrel and the US dollar index $0.293 higher on the day. Cotton...
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