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Alan Brugler
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Cotton Closes with Weakness on Monday
BarchartMon Apr 21, 4:50PM CDT
Cotton futures bounced off the midday lows, but still closed with 14 to 55 points on Monday. Crude oil futures were back down $1.30/barrel, with the US dollar index collapsing $0.999 to $98.044. NASS pegged the US cotton crop at 11% planted as of 4/20, now inline with the 5-year...
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Cotton Flipping Back to Weakness at Midday
BarchartMon Apr 21, 12:14PM CDT
Cotton futures are trading with 64 to 77 cent losses so far on Monday. Crude oil futures are back down $1.73/barrel, with the US dollar index collapsing $0.949 to $98.180. CFTC Commitment of Traders data showed spec funds adding back 13,273 contracts to their net short position as of April...
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Cotton Kicking Off the Week with Gains
BarchartMon Apr 21, 7:31AM CDT
Cotton price action is up 4 to 25 points so far. Futures posted gains of 53 to 76 points on Thursday to round out the week with May up 43 points last week. Crude oil futures were up $2.10/barrel on the day, with the US dollar index back up $0.037...
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Cotton Rounds Out the Week with Strength
BarchartThu Apr 17, 4:26PM CDT
Cotton futures posted gains of 53 to 76 points on Thursday to round out the week with May up 43 points this week. Crude oil futures were up $2.10/barrel on the day, with the US dollar index back up $0.037 to $99.180. The markets will be closed on Friday in...
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Cotton Looking to Close Out Week with Gains
BarchartThu Apr 17, 12:17PM CDT
Cotton futures are up 47 to 72 points so far on Thursday’s midday. Crude oil futures are up $2.31/barrel on the day, with the US dollar index back up $0.167 to $99.310. The markets will be closed on Friday in observance of Good Friday. USDA’s Export Sales report showed a...
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Cotton Showing Gains on Thursday Morning
BarchartThu Apr 17, 7:32AM CDT
Cotton price action is up 13 to 28 points so far on Thursday AM Trade. Futures posted Wednesday gains of 25 to 71 points. The outside markets were supportive, as crude oil futures were up $1.29/barrel on the day, with the US dollar index back down $0.922 to $99.143. The...
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Cotton Bounce Higher on Wednesday with Outside Support
BarchartWed Apr 16, 5:04PM CDT
Cotton futures posted Wednesday gains of 25 to 71 points. The outside markets were supportive, as crude oil futures were up $1.29/barrel on the day, with the US dollar index back down $0.922 to $99.143. The markets will be closed on Friday in observance of Good Friday. The Seam reported...
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Cotton Bouncing Back on Wednesday
BarchartWed Apr 16, 12:12PM CDT
Cotton futures are showing midday gains of 27 to 72 points on Wednesday. Crude oil futures are up $1.07/barrel at midday, with the US dollar index back down $0.717 to $99.245. The Seam reported 4,340 cash bales sold on 4/15, at an average price of 64.27 cents/lb. The Cotlook A...
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Cotton Showing Slight Losses Early on Wednesday
BarchartWed Apr 16, 7:30AM CDT
Cotton price action is down 18 to 32 cents in early Wednesday Trade. Futures saw a Turnaround Tuesday bounce, to close out the session 66 to 99 points higher. Crude oil futures were down 9 cents/barrel. The US dollar index was back up $0.503 to $99.900. Weekly Crop Progress data...
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Cotton Posts Strength on Turnaround Tuesday
BarchartTue Apr 15, 5:14PM CDT
Cotton futures saw a Turnaround Tuesday bounce, to close out the session 66 to 99 points higher. Crude oil futures are down 9 cents/barrel. The US dollar index was back up $0.503 to $99.900. Weekly Crop Progress data showed the US cotton crop at 5% planted, which is behind the...
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Cotton Bulls Pushing Back on Turnaround Tuesday
BarchartTue Apr 15, 12:16PM CDT
Cotton futures are bouncing on Turnaround Tuesday, with contracts up 65 to 91 points so far. Crude oil futures are down 22 cents/barrel. The US dollar index is back up $0.533 at midday to $99.930. Weekly Crop Progress data showed the US cotton crop at 5% planted, which is behind...
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Cotton Back to Mixed Action on Tuesday Morning
BarchartTue Apr 15, 7:25AM CDT
Cotton prices are mixed early on Tuesday, with old crop contracts up 1 to 4 points and new crop down 5 to 7 points. Futures posted Monday losses of 157 to 180 point, weakness crept back into the market. Crude oil futures were up 6 cents/barrel. The US dollar index...
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Cotton Falls to Start the Week
BarchartMon Apr 14, 5:18PM CDT
Cotton futures posted Monday losses of 157 to 180 points, weakness crept back into the market. Crude oil futures were up 6 cents/barrel. The US dollar index continues to fall, closing down $0.452 at $99.440. Weekly Crop Progress data showed the US cotton crop at 5% planted, which is behind...
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Cotton Collapsing on Monday
BarchartMon Apr 14, 12:07PM CDT
Cotton futures are falling back, with midday losses of 153 to 184 in the nearbys on Monday. Crude oil futures are down 52 cents/barrel. The US dollar index is continuing to fall, down $0.397 at $99.496. CFTC data from Friday afternoon showed spec funds in cotton futures and options cutting...
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Cotton Falling Weaker to Start Monday Trade
BarchartMon Apr 14, 7:34AM CDT
Cotton price action is point to weakness early on Monday, with losses of 56 to 77 points. Futures posted mixed action on Friday, with front month May down 58 points and other contracts up 1 to 23 points. May was still up 253 points last week. Crude oil futures were...
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