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Barchart
Barchart
Austin Schroeder

REVEALED: Cotton 0276d544 54f7 4270 a4e9 b84121cd42bb | Rare Historical Photos

Cotton IS Oil US Supreme Court United States US Dollar

Cotton futures are mixed, with March up 5 points and other contracts down 35 to 56 points. Crude oil futures are down 31 cents per barrel on the day at $66.17. The US dollar index is down $0.124 at $97.610.

On Friday, the US Supreme Court ruled the President cannot use the IEEPA for tariff purposes. President Trump later responded by indicating he will issue a 10% blanket tariff, which would expire after 150 days, before raising that to 15% over the weekend. 

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