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Barchart
Barchart
Austin Schroeder

Cotton Slipping Lower at Midday

Cotton IS United States crude oil Oil US Dollar

Cotton futures are trading with 1 to 9 cent losses in the front months on Tuesday, shrugging off early gains. The US dollar index is $0.195 lower at $99.660. Crude Oil is $2.30 higher at $114.71.

Crop Progress data was released this morning, showing 5% of the US cotton crop planted by Sunday. That matched the 5-year average and was 1% ahead of the same date last year.

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