Cotton futures rounded out the Monday trade with contracts down 12 to 95 points lower. Crude oil was down another $1.41/bbl to $75.19. The US dollar index was up another $0.152 at $100.770.
Monday afternoon’s Crop Progress showed 92% of the US cotton crop planted as of Sunday, 2% behind the average pace, with 27% squared, 2% ahead of normal. The crop was also 5% setting bolls, matching the 5-year average pace. Condition ratings were pegged at 53% good/excellent, up 3 percentage points on the week. The Brugler500 index was down 1 point to 345.
