Cotton futures closed the Wednesday session with contracts coming off the midday highs, up 7 to 49 points. The US dollar index was $0.215 higher at $98.395. Crude oil was down $1.18 at $101.00 at the close.
A meeting between President Trump and China’s President Xi in Beijing concluded early this morning. Few details were released following the meeting, though there were no mention of any potential purchases.
