Cotton futures posted gains heading into the weekend as contracts were mostly steady to 12 points higher. December was up 11 points this week. The US dollar index was back down $0.370 on the day to $97.845, with crude oil futures 22 cents higher. Commitment of Traders data showed the managed money crowd in cotton futures and options increasing their bearish bet as of September 23rd by 2,943 contracts, taking their net short to 62,004 contracts. More News from Barchart Export Sales data from Thursday sho ...

Cotton futures are trading with Thursday losses of 1 to 42 points across most contracts. The outside markets are pressure factors, as the US dollar index is back up $0.582 on the day to $98.100 with crude oil futures 28 cents lower. Export Sales data from this morning showed just 86,094 RB of cotton sold in the week of 9/18, a marketing year low. Shipments were a 3-week high at 137,223 RB. More News from Barchart Tuesday’s online auction from The Seam showed 444 sales at an average price of 65.48 cents/ ...

Wheat is down across the winter wheat contracts on Monday morning, with spring wheat holding higher. The wheat complex added to the weakness on Friday, with losses across the three markets. CBT soft red wheat futures were 1 to 2 cents in the red, with December just a penny lower last week. Preliminary open interest was up 2,235 contracts on Friday. KC HRW futures were down 2 to 3 cents on Friday, taking the weekly loss to 7 ½ cents for December. MPLS spring wheat futures posted 3 to 4 ¼ cent losses, with D ...

The wheat complex is continuing the weaker trade across the three markets on Friday. CBT soft red wheat futures are trading with 3 to 4 cent losses. KC HRW futures are down 4 to 5 cents. MPLS spring wheat futures are showing fractional to a penny losses at midday The US dollar index continues to bounce following the Fed rate cut, as it is up another $0.304 to $97.275. More News from Barchart The weekly Export Sales report showed accumulated sales (shipped and unshipped) at 13.156 MMT, which is 20% large ...

Cotton futures were weaker on Wednesday, with contracts down 37 to 53 points across the nearbys. The US dollar index was up $0.392 on the day to $96.640. The Fed cut rates by 25 basis points, as expected on Wednesday. Crude oil futures were $0.59 lower. The Seam reported 909 bales sold on Tuesday at an average price of 63.60 cents/lb. The Cotlook A Index was unchanged at 78.10 cents on September 16. ICE cotton stocks were again steady on 9/16, with the certified stocks level at 15,474 bales. USDA’s Adjust ...