
Cotton futures closed the Tuesday session with contracts bouncing from new lows overnight and settling up 21 to 33 points. Crude oil futures were back up 76 cents per barrel to $60.67 on the day, with the US dollar index $0.028 lower to $99.460.
Crop Progress data from NASS estimates the US cotton crop at 71% harvested as of 11/16, lagging the 72% average pace.