Cotton futures are showing 22 point gains in the front month July with other nearbys up 90 points at midday. Crude oil was down $1.22/bbl to $65.28. The US dollar index is up $0.183 at $101.140.
The annual June Acreage report showed all cotton acres this spring planted at 9.85 million, which was above the trade ideas of 9.6 million and the March number at 9.64 million acres.
