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Alan Brugler
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Cotton Faces Pressure on Tuesday
BarchartTue Apr 29, 5:17PM CDT
Cotton futures closed with losses on Tuesday with most contracts down 70 to 106 points. The outside markets were a pressure factor, with crude oil futures back down $1.87/barrel and the US dollar index down $0.211 to $99.000. NASS pegged the US cotton crop at 15% planted as of 4/27,...
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Cotton Facing Pressure at Midday
BarchartTue Apr 29, 12:27PM CDT
Cotton futures are showing losses across most contracts on Tuesday, with losses of 95 to 130 points. The outside markets are a pressure factor, with crude oil futures back down $1.62/barrel and the US dollar index down $0.131 to $98.920. NASS pegged the US cotton crop at 15% planted as...
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Cotton Falling Lower on Tuesday Morning
BarchartTue Apr 29, 7:31AM CDT
Cotton price action is down 60 to 105 points early on Tuesday. Futures were weaker on Monday, with contracts down 47 to 125 points. The outside markets were mixed, with crude oil futures back down $1.14/barrel and the US dollar index down $0.574 to $98.680. NASS pegged the US cotton...
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Cotton Bulls Give-in on Monday
BarchartMon Apr 28, 4:43PM CDT
Cotton futures were weaker on Monday, with contracts down 47 to 125 points. The outside markets were mixed, with crude oil futures back down $1.14/barrel and the US dollar index down $0.574 to $98.680. NASS pegged the US cotton crop at 15% planted as of 4/27, now 1 percentage point...
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Cotton Showing Losses on Monday
BarchartMon Apr 28, 12:18PM CDT
Cotton futures are trading with losses of 45 to 146 points so far on Monday. The outside markets were mixed, with crude oil futures back down $1.27/barrel and the US dollar index up $0.304 to $98.950. Weekly CFTC data showed spec funds trimming another 4,981 contracts from their net short...
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Cotton Weakness Starting on Monday
BarchartMon Apr 28, 7:15AM CDT
Cotton price action is down 85 to 95 points on Monday morning. Futures posted Friday losses of 37 to 45 points to round out the week that saw July up 167 points. The outside markets were mixed, with crude oil futures back up 39 cents/barrel and the US dollar index...
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Cotton Pull Back on Friday
BarchartFri Apr 25, 5:00PM CDT
Cotton futures posted Friday losses of 37 to 45 points to round out the week that saw July up 167 points. The outside markets were mixed, with crude oil futures back up 39 cents/barrel and the US dollar index up $0.202 to $99.370 Weekly CFTC data showed spec funds trimming...
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Cotton Weaker at Friday’s Midday
BarchartFri Apr 25, 12:25PM CDT
Cotton futures are trading with 15 to 29 point losses at Friday’s midday. The outside markets were mixed, with crude oil futures back up 47 cents/barrel and the US dollar index up $0.182 to $99.350 Export Sales data has cotton bookings for the year totaling 10.859 million RB, which is...
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Cotton Extending Strength to Friday Morning
BarchartFri Apr 25, 7:35AM CDT
Cotton price action is up 1 to 14 points early on Friday. Futures posted Thursday gains of 14 to 40 points in the front months, with May down 145 points on first notice day. The outside markets were supportive, with crude oil futures back up 50 cents/barrel and the US...
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Cotton Sneaking Out Midday Gains on Thursday
BarchartThu Apr 24, 12:16PM CDT
Cotton futures are trading with gains of 18 to 41 points on Thursday with May down 208 points on first notice day. The outside markets are supportive, with crude oil futures back up 63 cents/barrel and the US dollar index down $0.476 to $99.160. Export Sales data showed just 104,005...
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Cotton Pulling Back on Thursday Morning
BarchartThu Apr 24, 7:33AM CDT
Cotton prices are trading with 2 to 19 point losses in most contracts, with May dropping 224 points on first notice day. Futures rallied across most contracts on Wednesday, with gains of 126 to 181 points. That was despite less than supportive outside market activity, with crude oil futures back...
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Cotton Rally on Wednesday
BarchartWed Apr 23, 5:08PM CDT
Cotton futures rallied across most contracts on Wednesday, with gains of 126 to 181 points. That was despite less than supportive outside market activity, with crude oil futures back down $2.03 /barrel and the US dollar index up $1.015 to $99.705. The market was supported from chatter of easing trade...
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Cotton Rallying at Midday
BarchartWed Apr 23, 12:15PM CDT
Cotton futures are in rally mode on Wednesday, with contracts up 91 to 127 points so far. That is despite less than supportive outside market activity, with crude oil futures back down $1.68/barrel and the US dollar index up $0.795 to $99.485. The market is getting some support from chatter...
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Cotton Rallying Early on Wednesday
BarchartWed Apr 23, 7:34AM CDT
Cotton prices are trading with 88 to 139 point gains so far on Wednesday morning. Futures posted Tuesday gains of 20 to as much as 127 point gains on Tuesday, led by the thinly trade May contract. Crude oil futures were back up $1.13/barrel, with the US dollar index back...
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Cotton Pops Higher on Tuesday
BarchartTue Apr 22, 5:10PM CDT
Cotton futures posted Tuesday gains of 20 to as much as 127 point gains on Tuesday, led by the thinly trade May contract. Crude oil futures were back up $1.13/barrel, with the US dollar index back up $0.701 to $98.690. NASS pegged the US cotton crop at 11% planted as...
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