Cotton is showing Turnaround Tuesday losses of 131 to 152 points so far at midday. Crude oil is $3.81 per barrel, with the US dollar index $0.275 higher.
Weekly Crop Progress data showed 89% of the US cotton setting bolls as of Sunday, with 29% of the crop with bolls opening. Condition ratings were pegged at 39% good/excellent, up 2 percentage points on the week. The Brugler500 index was down another 2 points to 302 as poor/very poor ratings were up 3%. Ratings in Texas slipped another 2 points to 260.
