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Austin Schroeder

FORGOTTEN HISTORY: Cotton posts monday gains conditions see improvement - Caught on Camera

Cotton Oil NASS United States US Dollar

Cotton futures closed the Monday session with contracts 26 to 32 points higher. The US dollar index is up $0.298 to $98.010, as crude oil futures were back up another $0.55.

The weekly Crop Progress report from NASS showed a total of 97% of the US cotton crop squared by August 10, with 73% setting bolls, 7 points behind average. There was 13% of the crop with bolls opening vs. 16% on average. Conditions were back up 2% at 55% gd/ex, with the Brugler500 index shooting 11 points higher to 349.

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