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Barchart
Barchart
Austin Schroeder

Cotton Falls Lower on Friday

Cotton Oil United States US Dollar

Cotton futures posted losses of 30 to 46 points on Friday, with March down 64 points this week. Crude oil futures were up $0.32 per barrel on the day at $64.74. The US dollar index was back up $0.893 to $97.030. 

Friday’s Commitment of Traders report showed managed money adding 13,077 contracts to their net short position as of 1/27, taking it to 65,029 contracts.

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