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Barchart

Austin Schroeder

SHOCKING: Cotton holding higher at midday - What They Never Told You

Cotton Oil IS United States US Dollar

Cotton futures are showing 2 to 5 point gains across most contracts on Tuesday. Crude oil futures are up another $1.70 per barrel at $61.20. The US dollar index was down $0.324 at $98.950.

NASS Cotton Ginnings data showed 11.962 million RB of cotton ginned as of January 1, which was down from a year ago by 1.023 million RB.

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