Cotton futures are showing weakness pushing lower into the weekend, with contracts down 67 to 78 points as the outside factors are mixed. The US dollar index is back down $0.938 to $99.805, as crude oil futures are $1.85/barrel lower.
Export Sales data has cotton sales commitments at 11.807 million RB, which is 107% of USDA’s export projection. That is even with last year, but lagging the 115% 5-year average pace.
