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Austin Schroeder

Cotton Extending Bounce on Tuesday

NASS Crop Progress Oil United States US Dollar

Cotton futures are up 55 to 70 points in most contracts at midday. The US dollar index is up $0.058 at $99.205. Crude Oil is up $1.13 higher to $93.02.

The weekly NASS Crop Progress report showed 66% of the US cotton crop planted as of 5/31, 1% below normal. The crop was also 7% squared, matching the average pace.

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