Cotton prices are slightly up midday on Wednesday, with most changes ranging from 1 to 8 points. Benchmark December hit 69 cents on Tuesday but has since decreased. Crude oil is down 88 cents per barrel at $65.64. Cotlook A Index dropped 70 points to 78.75 on July 15, with ICE cotton stocks down 275 bales.

Oct 25 Cotton is at 66.78, down 43 points, Dec 25 Cotton is at 68.6, up 1 point, Mar 26 Cotton is at 69.85, up 1 point. USDA’s Adjusted World Price is 54.71 cents/lb. and in effect until Thursday evening. Austin Schroeder does not have positions in securities mentioned. Source: Barchart.com.

Read more at Yahoo Finance: Cotton Trading Higher on Wednesday, but Inside Tuesday’s Range