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Austin Schroeder

FOUND: Cotton nudges out gains on friday - You Need To See This

Cotton Donald Trump Oil United States China South Korea US Dollar

Cotton futures closed Friday with contracts 3 to 13 points higher, as December slipped back 8 points on the week. Crude oil futures were 35 cents/barrel to $61.44, with the US dollar index up $0.021 to $98.750.

President Trump and China’s President Xi are expected to meet in South Korea on Thursday. Talks at lower levels are taking place this week, with Secretary Bessent meeting with counterparts this weekend. The US also has launched an investigation into the Chinese compliance with the Phase One trade deal from 2020.

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