Cotton futures are trading with 3 to 18 point losses at the Thursday midday, as outside markets are continuing to add pressure. The US dollar index is up $0.169 to $99.770, as crude oil futures are 74 cents/barrel higher.
This morning’s Export Sales report indicated a total of 39,124 RB of old crop cotton in the week ending on July 24, the highest in 3 weeks. Sales for new crop were 71,683 RB. Shipments were 230,949 RB which was a 3-week high.
