Cotton futures are bouncing on Friday’s midday, with most contracts up 40 to 65 points. Crude oil was back down $1.419 per barrel on the session, with the US dollar index back down $0.203.
USDA’s Export Sales report shows all cotton export commitments at 4.937 million RB, which is 17% above the same period last year. That is also 43% of the USDA export projection and behind the 51% average pace.
