Cotton price action is up 14 to 18 points on Tuesday morning. Futures close with gains of 50 to 55 points across the front months on Monday, as USDA data was friendlier to the market. Crude oil futures were back up 72 cents per barrel at $59.84. The US dollar index was down $0.215 at $98.675.
NASS Cotton Ginnings data showed 11.962 million RB of cotton ginned as of January 1, which was down from a year ago by 1.023 million RB.
