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Barchart
Austin Schroeder

Cotton Closes Lower on Friday

Cotton Oil USDA United States US Dollar

Cotton futures closed the Friday session with weakness, as contracts were down 11 to 26 points, with March slipping 48 points over the short week. Crude oil futures were down 9 cents per barrel at $57.41. The US dollar index was up $0.123 at $98.170. 

On Wednesday afternoon, USDA released the payment details for the Farm Bridge Assistance program, with the cotton payment listed at $117.35/acre.

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