Cotton futures posted 170 to 180 point gains across most front month contracts. Crude oil was $2.91 per barrel, with the US dollar index $0.293 lower.
Weekly Crop Progress data showed 89% of the US cotton setting bolls as of Sunday, with 29% of the crop with bolls opening. Condition ratings were pegged at 39% good/excellent, up 2 percentage points on the week. The Brugler500 index was down another 2 points to 302 as poor/very poor ratings were up 3%.
