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Austin Schroeder

Cotton Pushes Gains to Tuesday’s Close

Cotton GA United States Oil Crop Progress US Dollar

Cotton futures popped higher on Tuesday, with contracts closing up 40 to 80 points. Crude oil was down $0.26/barrel at $66.72, with the US dollar index $0.572 higher to $98.335.

Weekly Crop Progress data showed condition ratings up 2% to 54% gd/ex, as the Brugler500 index was up 3 points to 339. Ratings in TX were up 5 points, with GA down 13 points.

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