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Barchart
Barchart
Austin Schroeder

UNCOVERED: Cotton rally into mondays close as usda cuts ratings | History Defined

Cotton futures closed the Monday session with contracts up 21 to 54 points across most months. Crude oil was down $2.08 with the US dollar index $0.191 higher.

Weekly Crop Progress data showed 81% of the US cotton setting bolls as of Sunday, with 20% of the crop with bolls opening. Condition ratings were pegged at 37% good/excellent, down 1 percentage points on the week. The Brugler500 index was down another 6 points to 304.

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