
Cotton futures are mostly lower on Monday, with contracts down 30 to 35 points so far at midday. The US dollar index is down $0.224 on the day to $97.600, with crude oil futures falling $2.41.
Commitment of Traders data showed the managed money crowd in cotton futures and options increasing their bearish bet as of September 23rd by 2,943 contracts, taking their net short to 62,004 contracts.