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Barchart
Barchart
Austin Schroeder

Cotton Showing Wednesday Gains

Cotton Oil IS United States US Dollar

Cotton futures are up 39 to 99 points so far on Wednesday. Crude oil futures are up 13 cents per barrel at $58.08 on the day, with the US dollar index $0.064 lower to $99.525. The markets will be closed on Thursday.

Commitment of Traders data, still delayed from to the government shutdown, showed spec funds in cotton futures and options adding another 5,017 contracts to their now record net short position as of 10/14 to 81,343 contracts. 

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