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Barchart
Barchart
Austin Schroeder

Cotton Extending Move Higher on Wednesday Morning

Cotton Oil GA Ice United States US Dollar

Cotton price action is up 4 to 26 points so far on Wednesday.  Futures posted gains of 44 to 103 points across the front months on the Tuesday session. The US dollar index was back down $0.041 to $98.545, as crude oil futures were another $1.15/barrel lower. 

Cotton exports excluding linters during June totaled 1.008 million bales, a 22.03% improvement from last year but down 20.02% from May.

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