Cotton futures fell 64 to 83 points on Friday, with December dropping 147 points for the week. The US dollar index rose to $97.780, while crude oil futures were $0.55 lower. The market will be closed on Monday for Labor Day, resuming on Tuesday.

Commitment of Traders data shows managed money increased net short positions in cotton futures to 59,931 contracts by August 26th.

USDA reported cotton export sale commitments at 3.412 million RB, down 23% from last year. Cotlook A Index remained at 78.20 cents, ICE cotton stocks stable, certified stocks at 15,474 bales, AWP at 54.94 cents/lb.

Cotton prices closed lower on Oct 25 (65.21), Dec 25 (66.54), and Mar 26 (68.44). Austin Schroeder has no positions in mentioned securities. Information in this article is for informational purposes only.

Read more at Yahoo Finance: Cotton Heads into the Labor Day Weekend with Losses