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Barchart
Barchart
Austin Schroeder

Cotton Easing Lower on Monday

Cotton futures are trading with 10 to 20 point losses on Monday, with in delivery December up 14 points. Crude oil futures are up 72 cents per barrel at $59.27 on the day, with the US dollar index $0.183 lower to $99.225. 

USDA’s Export Sales report showed 132,760 RB of cotton sold in the week of 10/23, back down 24.43% from the week prior. Shipments were the largest this marketing year at 174,788 RB. 

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