Cotton prices are back down 61 to 75 points early on Tuesday. Futures saw gains of 110 to 247 points across the board on Monday, led by the front months. Crude oil was down $4.81 per barrel on the session, with the US dollar index back up $0.255.
Weekly Crop Progress data showed 65% of the US cotton crop with bolls opening as of Sunday, with 13% of the crop with harvested. Condition ratings were pegged at 34% good/excellent, down 2 percentage points on the week. The Brugler500 index was down 1 point at 295.
