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Barchart
Barchart
Austin Schroeder

Cotton Posts Gains on Monday

Cotton Oil United States US Dollar

Cotton futures closed out the Monday session with contracts posting 28 to 69 point gains. Crude oil was down $1.59/barrel at $66.86, with the US dollar index $0.256 higher to $97.785.

Weekly Crop Progress data showed a total of 61% of the US cotton crop squaring, with 23% setting bolls. Condition ratings were up 2% to 54% gd/ex, as the Brugler500 index was up 3 points to 339.

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