"Cotton Prices Slide as Market Reacts to Lower Futures and Crop Progress Data

Cotton futures dropped 50-75 points, with crude oil up 32 cents/barrel at $68.25. Weekly Crop Progress data showed the US cotton crop slightly behind average. Cotlook A Index remained at 79.15, ICE cotton stocks down 2,335 bales. Jul 25, Oct 25, and Dec 25 Cotton closed lower. Austin Schroeder had no positions in securities mentioned.

Read more at Yahoo Finance: Cotton Pushes Lower on Tuesday