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Barchart
Barchart
Austin Schroeder

Cotton Holding Steady at Midday

Cotton Oil United States US Dollar

Cotton futures are trading with mixed trade on Tuesday, as contracts are down 19 points to up 10 at midday. Crude oil is up $0.88 per barrel, with the US dollar index $0.007 higher.

Weekly Crop Progress data showed 65% of the US cotton setting bolls as of Sunday, with 10% bolls opening. Condition ratings were pegged at 40% good/excellent, down 2 percentage points on the week. The Brugler500 index was down 6 points to 319. Ratings in Texas were down 11 piunts, with GA up 3 points.

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