Cotton futures rounded out the Monday session with contracts up 10 to 16 points in the front months. The thinly traded October contract was an exception, down 3 points. The US dollar index is back up $0.330 to $98.510, as crude oil futures were up 12 cents.
The weekly Crop Progress report from NASS showed a total of 93% of the US cotton crop squared by August 10, with 65% setting bolls, 6 points behind average. There was 8% of the crop with bolls opening vs. 10% on average. Conditions were down 2% at 53% gd/ex, with the Brugler500 index falling 7 points to 338.
