Cotton futures are trading with triple digit gains across most contracts on Thursday, with gains of 101 to 133 points. Crude oil is up $1.23 to $91.30/barrel. The US dollar index is up $0.316 at $100.260.
USDA’s Export Sales report from Thursday morning showed 207,032 RB of cotton sold for 2025/26 in the week of 6/4. That was a 9-week high. There was also 298,689 RB in new crop sales in that week, a marketing year high. Shipments were tallied at 300,114 RB, back up from last week.
