Cotton futures closed higher on Friday, with December contracts up 24 points. CFTC data showed an increase in managed money net short positions. The Cotlook A Index dropped to 78.00 cents. ICE cotton stocks decreased, with AWP at 54.39 cents/lb. Prices for Oct, Dec, and Mar cotton also rose.

Austin Schroeder had no positions in mentioned securities. Information in the article is for informational purposes only. Originally published on Barchart.com.

Read more at Yahoo Finance: Cotton Closes Friday with Gains