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Barchart
Barchart
Austin Schroeder

Cotton Rallies on Friday

Cotton futures posted 1 to 24 point gains across the board on Friday, as May was still down 141 points this week. Support came via the outside factors. Crude oil was up $10.22 on the day to $91.23. The US dollar index was back down $0.409 at $98.900. 

USDA Export Sales data from Thursday showed total commitments of 8.904 million RB of  2025/26 cotton as of February 26. That is 79% of the USDA export estimate, and behind the 92% average sales pace. Export shipments are 41% of USDA’s number, now below the 47% average pace.

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