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Barchart
Barchart
Austin Schroeder

Cotton Slip into Monday’s Close

Cotton Oil United States US Dollar

Cotton futures slipped lower into the Monday close, as contracts were down 46 to 55 points on the day. Crude oil is up $4.12 per barrel, with the US dollar index $0.272 higher.

Weekly Crop Progress data showed 65% of the US cotton setting bolls as of Sunday, with 10% bolls opening. Condition ratings were pegged at 40% good/excellent, down 2 percentage points on the week. The Brugler500 index was down 6 points to 319.

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