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Barchart
Barchart
Austin Schroeder

Cotton Fading Lower on Friday

Cotton futures are trading with 40 to 50 point losses, with nearby July down 275 points. Crude oil is back down $2.76 /bbl to $69.19. The US dollar index is back down $0.098 at $101.095.

The NOAA 7-day QPF shows very little precip expected in TX over the next week, with the Gulf stretching to GA looking at limited totals. The 8-14 day outlooks shows slightly above normal odds for precip.

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