Cotton futures posted losses on Monday, with contracts 23 to 174 lower at the close. Crude oil was up $1.84 per barrel on the session, with the US dollar index up $0.609.
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%.
