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Barchart
Barchart
Austin Schroeder

Cotton Falls on Wednesday

Cotton US Federal Reserve crude oil Oil TX United States US Dollar

Cotton futures were weaker on Wednesday, with contracts 67 to 119 points lower. Crude oil was back up $5.34 per barrel, with the US dollar index was 0.586. The Fed left rates unchanged on Wednesday’s announcement.

The next 7 days looks for a drier forecast in TX, with the delta looking for a wetter pattern.

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