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Barchart
Barchart
Austin Schroeder

UNBELIEVABLE: Cotton holding onto monday gains - The Untold Story

Cotton IS Oil CFTC United States US Dollar

Cotton futures are showing slight 15 to 17 point gains across most contracts on Monday’s midday. Crude oil futures are 80 cents lower per barrel at $56.69, with the US dollar index $0.074 to $98.320.

Export Sales data from this morning showed 148,396 RB in cotton sales for the week ending on November 20, a 3-week low. Shipments were back up from the week prior at 120,825 RB. 

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