Cotton price action is up 10 to 17 cents so far on Wednesday. Futures saw Tuesday gains of 20 to 25 points across most contracts, with in delivery Dec up 99 points. Crude oil futures are down 73 cents per barrel at $58.11 on the day, with the US dollar index $0.322 lower to $99.750.
Commitment of Traders data, still delayed from to the government shutdown, showed spec funds in cotton futures and options adding another 5,017 contracts to their now record net short position as of 10/14 to 81,343 contracts.
