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Austin Schroeder

Cotton Falling on Wednesday Morning

Ice Oil United States US Dollar

Cotton prices are down 88 to 141 points so far on Wednesday. Futures saw mixed trade on Tuesday, with nearby July down 5 points and other contracts up as much as 51. The US dollar index was $0.111 lower at $99.075. Crude oil was down $3.03 on the day to $93.57.

NASS Crop Progress data showed 53% of the US cotton crop planted as of May 24, which matches the 5-year average pace.

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