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Alan Brugler
Cotton Post Monday Strength
BarchartMon Apr 22, 5:03PM CDT
The cotton market saw some recovery from the drop off the February highs, as contracts were up 29 to 140 points on Monday. The US cotton crop is now 11% planted as of April 21 according to the NASS Crop Progress report from this afternoon. That matches both the 5-year...
Cotton Recovering Higher at Midday
BarchartMon Apr 22, 12:01PM CDT
The cotton market is showing 65 to 106 point gains on Monday as futures recover from the recent collapse. Commitment of Traders data confirmed a mass exodus of the managed money long in cotton futures in options in the week that ended on 4/16, of 25,890 contracts. That was the...
Cotton Begins Monday with Gains
BarchartMon Apr 22, 7:30AM CDT
The cotton market is trading 37 to 96 points higher so far this morning. Futures were mostly higher on Friday, with the exception of a couple ’25 contracts. Most were up 3 to 59 points on the day, led by the nearbys. Crude oil futures had a volatile Friday session...
Cotton Ends the Week on a Higher Note
BarchartFri Apr 19, 4:51PM CDT
The cotton market was mostly higher on Friday, with the exception to a couple ’25 contracts. Most were up 3 to 59 points on the day, led by the nearbys. Crude oil futures had a volatile Friday session and closed up 46 cents after collapsing of the overnight highs. That...
Cotton Modestly Higher at Midday
BarchartFri Apr 19, 11:52AM CDT
The cotton market is trading 2 to 72 points higher to round out the week. Crude oil futures had a volatile night, and are back up 33 cents at midday, with the morning lows more than $4 off the overnight highs. That was after after reports of several presumed Israeli...
Cotton Showing Slight Gains on Friday Morning
BarchartFri Apr 19, 7:27AM CDT
The cotton market is trading higher to round out the week, with gains of 13 to 63 points this morning. Futures posted 7 to 113 point losses on Thursday. The death spiral liquidation continues for May, down 146 points, as longs get out before deliveries, with rest of the contracts...
Cotton Heads Lower on Thursday
BarchartThu Apr 18, 4:44PM CDT
The cotton market posted 7 to 113 point losses on Thursday. The death spiral liquidation continues for May, down 146 points, as longs get out before deliveries, with rest of the contracts following along. The US dollar index was up 226 points on the day, with crude oil back up...
Cotton Continue Collapse at Midday
BarchartThu Apr 18, 11:55AM CDT
The cotton market is down 59 to 168 points across most contracts on Thursday. The death spiral liquidation continues for May, as longs get out before deliveries, with rest of the contracts following along. The US dollar index is up 141 points at midday, with crude oil back up 141...
Cotton Continue Weakness on Thursday Morning
BarchartThu Apr 18, 7:29AM CDT
Overnight trade has cotton futures down another 36to 79 points. Wednesday trade in the cotton market had futures continuing the slide, with losses of 30 to 173 points, left by the nearbys. Pressure was coming from the crude oil side of things, with futures down $2.50. The US dollar index...
Cotton Extends Slide on Wednesday to Near Fall Lows
BarchartWed Apr 17, 4:51PM CDT
Wednesday trade in the cotton market had futures continuing the slide, with losses of 30 to 173 points, left by the nearbys. Pressure was coming from the crude oil side of things, with futures down $2.50. The US dollar index was also lower, down 295 points. ICE certified cotton stocks...
Cotton Falling at Midday
BarchartWed Apr 17, 11:59AM CDT
Midday action in the cotton market is showing losses of 48 to 198 points so far on Wednesday, as the trend remains lower. Pressure is being felt from the crude oil side of things, with futures down $2.79 at midday. ICE certified cotton stocks were up another 2,269 bales on...
Cotton Continuing Descent into Wednesday
BarchartWed Apr 17, 7:28AM CDT
Cotton futures are down 36 to 89 points following overnight action. The closing bell in the cotton market had futures down 51 to 251 points. The outside market had little impact, as WTI crude oil was up 17 cents, with the US dollar index up 187 points. Cotton planting in...
Cotton Resumes Collapse on Tuesday
BarchartTue Apr 16, 4:39PM CDT
The closing bell in the cotton market had futures down 51 to 251 points. The outside market had little impact, as WTI crude oil was up 17 cents, with the US dollar index up 187 points. Cotton planting in the two major cotton growing states is off to a slightly...
Cotton Posting Turnaround Tuesday Losses
BarchartTue Apr 16, 11:57AM CDT
Midday cotton action has prices back in free fall mode, as contracts are down 154 to 270 points on Tuesday. Cotton planting across the US has now been reported at 8% complete according to NASS, even with the average pace in the last 5 years. That was also 1% ahead...
Cotton Posting Turnaround Tuesday Weakness to Start
BarchartTue Apr 16, 7:28AM CDT
Cotton futures are trading 59 to 78 points lower so far this morning. Prices saw some strength on Monday, with futures up 16 to 62 points. Crude oil closed with just a 3 cent gain, as Israel signaled possible retaliation over the weekend’s strike from Iran. The US dollar index...
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