Cotton futures are trading with 25 to 32 points at Friday’s midday. Crude oil futures are up $0.27 per barrel on the day at $63.11. The US dollar index was up $0.082 to $96.755. The markets will be closed on Monday for President’s Day.
USDA’s Export Sales data has 8.034 million RB of cotton export commitments, which is 12% below last year. That is 71% of USDA’s revised export projection, back from the 88% average pace.
