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Barchart
Barchart
Austin Schroeder

Cotton Continuing Higher at Midday

Cotton IS crude oil Oil United States US Dollar

Cotton futures are trading with contracts up 35 to 46 cents at midday. The US dollar index is $0.053 lower at $97.840. Crude oil is back up $4.92 at midday.

Managed money flipped their net short by 18,845 contracts to a net long of 16,825 contracts in cotton futures and options, as of April 14, That was the first net long in nearly 2 years.

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