
Cotton futures are trading with Monday gains of 29 to 36 points at midday. The outside markets are supportive factors, as the US dollar index is down $0.150 on the day to $97.620 and crude oil futures $0.38 higher.
Spec funds in cotton futures and options were increasing their already large net short position by 6,438 contracts as of September 2, taking that net short to 66,369 contracts.