Cotton futures are down 30 to 50 points on Wednesday, with the US dollar index at $97.485 and crude oil slipping 44 cents. The Seam’s online auction saw 942 sales at an average price of 63.62 cents/lb. ICE cotton stocks rose by 2,417 bales, AWP is at 54.38 cents/lb, and Cotlook A Index is at 76.90 cents.

Oct 25 Cotton is at 63.32, up 27 points, Dec 25 Cotton is at 65.29, down 48 points, and Mar 26 Cotton is at 67.23, down 34 points. Austin Schroeder has no positions in mentioned securities. Information is for informational purposes only. Original article published on Barchart.com.

Read more at Yahoo Finance: Cotton Off Morning Lows, but Holding Wednesday Losses