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Barchart
Barchart
Austin Schroeder

Cotton Posting Monday Midday Gains

Cotton IS Oil United States US Dollar

Cotton futures are up 15 to 51 points across most contracts. Crude oil is up just $3.97 at midday and nearly $25 from the overnight highs. The US dollar index is back up $0.116 at $99.095.

CFTC reported managed money increasing their net short position in cotton futures and options by 7,569 contracts as of 3/3, taking the net position to 72,937 contracts.

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