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Austin Schroeder

Cotton Gains Extending to Midday

CTC Oil US Dollar

Cotton futures are trading with gains of 11 to 20 points across the front months on Monday. Crude oil is up $1.66 per barrel on the session, with the US dollar index $0.137 higher.

Weekly CTC data showed managed money adding 1,862 contracts to their net long position in cotton futures and option as of 10/13, taking it to 65,699 contracts.

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