
Cotton futures are showing 63 to 68 point gains in the nearbys on Monday. Crude oil futures are back up 92 cents per barrel at $58.24, following the US capture of Venezuela President Maduro over the weekend. The US dollar index was down $0.098 at $98.060.
USDA’s Export Sales report was out this morning showing a total of 133,996 RB of cotton sold in the week ending on 12/25. Shipments were tallied at 140,723 RB, back down from the week prior.