Cotton futures are trading steady to 11 points higher, with October thin and up 76 points. The US dollar index is up $0.367 on the day to $97.980, with crude oil futures $1.69 lower.
The weekly NASS Crop Progress report showed 90% of the US cotton crop setting bolls as of Sunday (vs. 93% on average), with 28% listed as bolls opening and behind the 30% average pace. Condition ratings were down 3% to 51% gd/ex, as the Brugler 500 index was down 5 points to 344.
