
Cotton futures are up 15 to 51 points across most contracts. Crude oil is up just $3.97 at midday and nearly $25 from the overnight highs. The US dollar index is back up $0.116 at $99.095.
CFTC reported managed money increasing their net short position in cotton futures and options by 7,569 contracts as of 3/3, taking the net position to 72,937 contracts.