Cotton bulls are putting money back on the table following the retreat on Friday, with Monday morning gains of 204 to 258 points. Futures were down 79 to 103 points across the front months on Friday, as December was down 491 points on the week. Crude oil was back down $2.38 per barrel on the session, with the US dollar index down $0.040.
China’s President Xi will be in the US this week to meet with President Trump, with trade a topic of conversation. Secretary Bessent headed to China over the weekend to set up talks for next week.