Cotton futures closed the Monday session with gains of 18 points across the front months. The outside markets were supportive factors, as the US dollar index was down $0.313 on the day to $97.415 and crude oil futures $0.57 higher.
Crop Progress data showed a total of 97% of the US cotton crop was setting bolls as of Sunday, with 40% of the crop with bolls opening. Harvest was tallied at 8% complete, 2 points ahead of normal. Cotton conditions were up 3% to 54% gd/ex, as the Brugler500 index rose 5 points to 349.
