Cotton prices are down 30 to 35 points at midday, fading the overnight strength. Crude oil futures are up 83 cents per barrel at $59.79 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.
