Cotton prices are falling across most contracts on Tuesday, down 97 to 136 points. Futures closed the Monday session with contracts up 21 to 54 points across most months. Crude oil was down $2.08 with the US dollar index $0.191 higher.
Weekly Crop Progress data showed 81% of the US cotton setting bolls as of Sunday, with 20% of the crop with bolls opening. Condition ratings were pegged at 37% good/excellent, down 1 percentage points on the week. The Brugler500 index was down another 6 points to 304.