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Barchart
Austin Schroeder

REVEALED: Cotton posting gains on friday | Rare Historical Photos

Cotton IS Oil United States US Dollar

Cotton futures are showing gains of 25 to 45 points so far at midday despite weaker outside markets. Crude oil futures are $1.13 per barrel lower at $57.22. The US dollar index is up $0.069 to $97.745. 

Export Sales data as of the week ending on 12/11 has cotton export commitments at 6.183 million RB, 14% below last year. That is also 54% of the USDA projection and lags the 72% average sale pace.

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