Cotton futures are trading with 45 to 73 point losses across most contracts on Wednesday. The US dollar index is up $0.296 at $99.480. Crude Oil is another $1.96 higher to $95.72
The Seam reported sales on 137 bales on Tuesday at an average of 69.80 cents/lb. The Cotlook A Index was up 55 points on 6/2 at 86.2805 cents. ICE certified cotton stocks were up 459 on June 2 with the certified stocks level at 243,450 bales. The Adjusted World Price was down another 519 points last week at 63.49 cents/lb.
Jul 26 Cotton is at 76.31, down 73 points,
Dec 26 Cotton is at 80.05, down 49 points,
Mar 27 Cotton is at 81.24, down 48 points
