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Barchart
Barchart
Austin Schroeder

Cotton Rallies on Monday Ahead of Trump/Xi Meeting

Cotton futures saw gains of 110 to 247 points across the board on Monday, led by the front months. Crude oil was down $4.81 per barrel on the session, with the US dollar index back up $0.255.

Weekly Crop Progress data showed 65% of the US cotton crop with bolls opening as of Sunday, with 13% of the crop with harvested. Condition ratings were pegged at 34% good/excellent, down 2 percentage points on the week. The Brugler500 index was down 1 point at 295.

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