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Austin Schroeder

Cotton Showing Slight Thursday Gains

Cotton IS Export Sales crude oil Oil United States US Dollar

Cotton futures are up 5 to 7 points so far on Thursday’s midday. Crude oil futures are 50 cents per barrel higher at $56.44. The US dollar index is $0.143 higher to $98.145. 

Export Sales data showed 135,886 RB of cotton sold during the week of 11/27, a 4-week low. Shipments were a 3-week high at 122,094 RB.

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