Cotton Popping Higher at Midday with Outside | U.S. Finance News
Cotton futures are trading with contracts up 44 to 60 factors at Friday’s noon. The exterior markets are supportive, because the US greenback index is back down $0.911 on the day to $97.590, with crude oil futures $0.14 increased.Export Sales knowledge from Thursday indicated the advertising and marketing 12 months commitments within the first couple weeks of 2025/26 at 3.233 million RB, down 25% from final 12 months. That can be 29% of the USDA forecast export complete and lags the 46% average gross sales tempo for this time of 12 months.
Don’t Miss a Day: From crude oil to espresso, signal up free for Barchart’s best-in-class commodity evaluation. The Cotlook A Index was down 5 factors at 78.90 cents on August 21. ICE cotton stocks have been down 532 bales on 8/21 through decertification, with the licensed stocks stage at 15,474 bales. USDA’s Adjusted World Price (AWP) was up 48 factors on Thursday at 55.53 cents/lb. Oct 25 Cotton is at 66.33, up 44 factors,Dec 25 Cotton is at 68.01, up 59 factors,Mar 26 Cotton is at 69.69, up 59 factors
On the date of publication,
Austin Schroeder
didn’t have (both straight 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.
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