Cotton futures are posted higher trade to close out Monday, with contracts up 16 to 68 points across the board. Crude oil was $2.55 higher, with the US dollar index $0.094 lower.
Weekly Crop Progress data showed 74% of the US cotton setting bolls as of Sunday, with 14% of the crop with bolls opening. Condition ratings were pegged at 38% good/excellent, down 2 percentage points on the week. The Brugler500 index was down another 9 points to 310.