Cotton price action is back down 30 to 44 points so far on Thursday following Wednesday’s rally. Futures closed with contracts 243 to 294 points higher across the front months, with deferred contracts 53 to 110 points in the green. Crude oil was up $1.90, with the US dollar index $0.809 lower.
Dryness is expected to continue across much of TX as parts of the Delta in the next week according to the NOAA 7-day QPF.
