I asked if the ICE cotton futures had run out of upside steam in a May 22, 2026, Barchart article, where I concluded with the following:
Risk-reward dynamics should always reflect the current price, not the level at inception of the trade. Cotton prices have backed off from the May 13 high of 88.88 cents, but remain in a bullish trend. The higher they rise, the greater the odds of a more significant correction. Time will tell whether 88.88 cents per pound proves to be the 2026 seasonal high.
