Cotton futures are trading with 81 to 92 point losses in the nearbys at midday. Crude oil is down $2.86, with the US dollar index $0.034 lower.
Weekly Crop Progress data showed 81% of the US cotton setting bolls as of Sunday, with 20% of the crop with bolls opening. Condition ratings were pegged at 37% good/excellent, down 1 percentage points on the week. The Brugler500 index was down another 6 points to 304. Ratings in TX were down another 10 points to 262 points, with GA steady.