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Barchart
Barchart
Austin Schroeder

SHOCKING: Cotton fade back lower on thursday | Mind Blowing Facts

Cotton prices posted losses of 30 to 38 points on Thursday, falling from early gains. Crude oil futures were up 76 cents per barrel at $59.71 on the day, with the US dollar index $0.129 high to $98.930. 

Export Sales data for the week ending on October 30 showed just 81,530 RB of upland cotton sold. That was a marketing year low. Shipments in that week were 146,581 RB, which was a 3-week low. 

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