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Barchart
Barchart
Austin Schroeder

MYSTERIOUS: Cotton continuing higher at midday - What They Never Told You

Cotton IS Oil United States US Dollar

Cotton futures are trading with contracts up 35 to 46 cents at midday. The US dollar index is $0.053 lower at $97.840. Crude oil is back up $4.92 at midday.

Managed money flipped their net short by 18,845 contracts to a net long of 16,825 contracts in cotton futures and options, as of April 14, That was the first net long in nearly 2 years.

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