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Barchart
Barchart
Austin Schroeder

MYSTERIOUS: Cotton posting midday gains on friday - What They Never Told You

Cotton futures are trading with midday gains of 25 to 30 points on Friday. Crude oil futures are 47 cents per barrel higher at $56.47. The US dollar index is $0.197 higher to $98.285.

Total export sale commitments are 5.72 million RB, which is now 16.53% below the same period last year. Much of that is due to lighter sales with shipments actually up 7.61% during the marketing year at 2.3 million RB.

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