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Barchart
Barchart
Austin Schroeder

Cotton Popping Higher on Monday

Cotton IS Oil United States US Dollar

Cotton futures are trading with midday gains of 30 to 54 points on Monday. The US dollar index is up $0.308 to $98.020, as crude oil futures are back up another $0.31.

CFTC data showed a total of 1,931 contracts added to the managed money net short position as of Tuesday, taking it to 57,083 contracts on August 12.

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