Cotton futures are trading with contracts 15 to 18 points higher at midday. Crude oil is up $3.01 per barrel on the session, with the US dollar index $0.102 higher.
USDA’s Export Sales report showed 165,070 RB of cotton sales in the week ending in October 1, which was down 18.51% from last week. Sales for 2027/28 were 56,058 RB. Shipments were tallied at 161,588 RB, which was back up from last week and a 2.45% increase from the same week last year.
