Cotton futures are trading with contracts 3 to 75 points lower so far on Tuesday. Crude oil is up $4.54 per barrel on the session, with the US dollar index up $0.219.
Weekly Crop Progress data showed 57% of the US cotton crop with bolls opening as of Sunday, with 8% of the crop with harvested. Condition ratings were pegged at 36% good/excellent, up 2 percentage points on the week. The Brugler500 index was steady at 298, as poor/very poor ratings were up 2%.
