Cotton futures shrugged off the early weakness on Friday, with contracts up 17 to 36 points higher, as December closed out the week 24 points higher. The US dollar index was back down $0.134 to $98.095, as crude oil futures were down 46 cents.
CFTC data showed a total of 14,791 contracts added to the managed money net short position in the week of August 5. That position stood at -55,152 contracts as of Tuesday.
