Cotton futures are trading with Tuesday gains of 108 to 146 points at midday. Crude oil is down $5.22 at $75.53. The US dollar index is down $0.136 at $99.240.
Monday afternoon’s Crop Progress showed 86% of the US cotton crop planted as of Sunday, 2% behind the average pace, with 19% squared, 2% ahead of normal. Condition ratings were pegged at 51% good/excellent, down 2 percentage points on the week. The Brugler500 index was up 1 to 346 as 3% shifted from very poor to fair.
