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Barchart
Barchart
Austin Schroeder

DARK SECRETS: Cotton pulling off highs as acres exceed expectations | Rare Historical Photos

Cotton IS Oil United States US Dollar

Cotton futures are retreating from early session strength on Tuesday, as contracts are up just 9 to 14 points. The US dollar index is $0.408 lower at $99.945. Crude oil futures are up $1.71 to $104.59 on the day.

March Prospective Plantings data from this morning showed cotton acres seen at 9.64 million acres this spring. That was a 409,000 increase from estimates and would be 357,000 acres above a year ago.

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