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Barchart
Barchart
Austin Schroeder

Cotton Easing Lower as Export Business Slips

Cotton IS United States Oil US Dollar

Cotton futures are trading with Thursday losses of 1 to 42 points across most contracts. The outside markets are pressure factors, as the US dollar index is back up $0.582 on the day to $98.100 with crude oil futures 28 cents lower. 

Export Sales data from this morning showed just 86,094 RB of cotton sold in the week of 9/18, a marketing year low. Shipments were a 3-week high at 137,223 RB.

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