Alan Brugler
Cotton Settles Lower on Thursday
BarchartThu Oct 17, 5:10PM CDT
Cotton futures were down 22 to 50 points across most contracts on Thursday. The outside markets are a pressure factor, with crude oil down $0.35/barrel and the US dollar index 190 points higher. The Seam reported 2,657 bales of online sales on October 16 at an average price of 69.08...
Cotton Pulled Lower on Thursday
BarchartThu Oct 17, 12:11PM CDT
Cotton futures are down 10 to 20 points across most contracts on Thursday. The outside markets are a pressure factor, with crude oil down $0.13/barrel and the US dollar index 225 points higher. The Seam reported 2,657 bales of online sales on October 16 at an average price of 69.08...
Cotton Reverting Lower on Thursday Morning Trade
BarchartThu Oct 17, 7:25AM CDT
Cotton futures are posting Thursday morning losses of 80 to 95 points so far. They ended the Wednesday session with contracts up 31 to 64 points across the board. The outside markets were mixed, with crude oil up $0.24/barrel and the US dollar index 285 points higher. Tuesday afternoon’s Crop...
Cotton Closes with Gains on Wednesday
BarchartWed Oct 16, 4:52PM CDT
Cotton futures ended the Wednesday session with contracts up 31 to 64 points across the board. The outside markets were mixed, with crude oil up $0.24/barrel and the US dollar index 285 points higher. Tuesday afternoon’s Crop Progress report from NASS tallied the US cotton harvest at 34% complete, vs....
Cotton Turning Higher on Wednesday Morning
BarchartWed Oct 16, 7:32AM CDT
Cotton prices are trading with gains of 50 to 61 points early on Wednesday. Futures closed Tuesday with losses of 40 to 44 points. The outside markets were mixed with the crude oil a pressure factor, down $2.92/barrel and the US dollar index 40 points lower. Tuesday afternoon’s Crop Progress...
Cotton Posts Weaker Action on Tuesday
BarchartTue Oct 15, 4:06PM CDT
Cotton futures closed Tuesday with losses of 40 to 44 points. The outside markets were mixed with the crude oil a pressure factor, down $2.92/barrel and the US dollar index 40 points lower. This afternoon’s Crop Progress report from NASS indicated a total of 88% of the US cotton crop...
Cotton Weakness at Tuesday’s Midday
BarchartTue Oct 15, 12:04PM CDT
Cotton futures are trading with Tuesday losses of 23 to 38 points at midday. The outside markets are mixed with the crude oil a pressure factor, down $3.34/barrel and the US dollar index 47 points lower. The Seam reported 862 bales of online sales on October 11 at an average...
Cotton Weakness Creeping into Tuesday
BarchartTue Oct 15, 7:31AM CDT
Cotton prices are trading on Tuesday morning with losses of 5 to 11 points. Futures closed out the Monday trade with contracts down 101 to 114 points. The outside markets were pressure factors, with the crude oil down $3.70/barrel and the US dollar index 303 points higher. The Seam reported...
Cotton Starts the Week with Monday Losses
BarchartMon Oct 14, 4:55PM CDT
Cotton futures closed out the Monday trade with contracts down 101 to 114 points. The outside markets were pressure factors, with the crude oil down $3.70/barrel and the US dollar index 303 points higher. The Seam reported 635 bales of online sales on October 11 at an average price of...
Cotton Falling Lower on Monday
BarchartMon Oct 14, 11:53AM CDT
Cotton prices are trading with 100 to 114 points so far on Monday. The outside markets pressure factors, with the crude oil down $1.80/barrel and the US dollar index 368 points higher. Spec funds in cotton futures and options added trimmed 224 contracts from their net short as of 10/8....
Cotton Falling Lower on Monday Morning
BarchartMon Oct 14, 7:27AM CDT
Cotton prices are down 85 to 160 points so far on Monday morning. Futures closed out Friday with contracts down 5 to 45 points, as USDA’s production cut didn’t go quite far enough to offset an export cut. The outside markets are mixed, with the crude oil down 35 cents...
Cotton Falls on Stocks Hike
BarchartFri Oct 11, 5:03PM CDT
Cotton futures closed out Friday with contracts down 5 to 45 points, as USDA’s production cut didn’t go quite far enough to offset an export cut. The outside markets are mixed, with the crude oil down 35 cents /barrel and the US dollar index 53 points lower. NASS’s bi-monthly Cotton...
Cotton Slipping Post USDA Release
BarchartFri Oct 11, 11:54AM CDT
Cotton futures are down 60 to 70 points so far on Friday, as USDA’s production cut didn’t go quite far enough for the bulls. The outside markets are mixed, with the crude oil down 53 cents /barrel and the US dollar index 133 points lower. NASS’s bi-monthly Cotton Ginnings report...
Cotton Showing Slight Friday Morning Strength
BarchartFri Oct 11, 7:25AM CDT
Cotton prices are trading with Friday morning gains of 18 to 24 points ahead USDA reports later this morning. Futures closed the Thursday session with contracts up 39 to 45 points the nearbys. The outside markets were supportive, with the crude oil back up $2.57/barrel and the US dollar index...