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Austin Schroeder

Cotton Posting Midday Gains as USDA Reports Marketing Year High in Export Business

Cotton United States IS Oil Ice US Dollar

Cotton prices are up 6 to 10 points so far at Friday’s midday. Crude oil futures are up$1.79 per barrel at $61.18. The US dollar index is down $0.584 to $97.595. 

USDA Export Sales data showed 412,457 RB of cotton sold in the week ending on January 15, a marketing year high. Export shipments were 187,776 RB, also a marketing year.

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