Cotton Falls Back on Monday, with Conditions | U.S. Finance News
Cotton futures have been back down 44 to 63 factors throughout the close by contracts on Monday. The outdoors markets supplied combined components, because the US greenback index was back up $0.746 on the day to $98.345, with crude oil futures $1.10 larger.NASS reported the US cotton crop at 71% setting bolls, 6 factors behind regular, with 20% of the crop with bolls opening, down 2 proportion factors from average. Condition scores slipped 1% to 54% gd/ex, with the Brugler500 index unchanged at 349.
Don’t Miss a Day: From crude oil to espresso, signal up free for Barchart’s best-in-class commodity evaluation. The Seam reported a whole of 192 bales offered on Friday at an average price of 69.62 cents/lb. The Cotlook A Index was regular at 78.90 cents on August 22. ICE cotton stocks have been regular on 8/22, with the licensed stocks degree at 15,474 bales. USDA’s Adjusted World Price (AWP) was up 48 factors on Thursday at 55.53 cents/lb. Oct 25 Cotton closed at 65.99, down 44 factors,Dec 25 Cotton closed at 67.38, down 63 factors,Mar 26 Cotton closed at 69.18, down 56 factors
On the date of publication,
Austin Schroeder
didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions.
For more data please view the Barchart Disclosure Policy
right here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
Stay up to date with the latest news within the US markets! Our web site is your go-to source for cutting-edge financial news, market trends, financial insights, and updates on home trade. We present day by day updates to make sure you have entry to the freshest data on stock market actions, commodity costs, currency fluctuations, and main financial bulletins.
Explore how these trends are shaping the long run of the US economic system! Visit us frequently for essentially the most participating and informative market content material by clicking right here. Our fastidiously curated articles will keep you knowledgeable on market shifts, investment methods, regulatory modifications, and pivotal moments within the US financial panorama.
