Cotton futures are trading with contracts down 55 to 65 points across most nearbys at midday. The US dollar index is $0.019 higher at $99.120. Crude oil is down $4.01 on the day to $89.88.
NASS Crop Progress data showed 53% of the US cotton crop planted as of May 24, which matches the 5-year average pace. Of the 15 major states USDA reports on, AR, GA, KS, LA, NC, SC, TX and VA were behind normal.
