Cotton futures are trading lower, with contracts down 40 to 45 points midday. The online auction from The Seam on November 3 saw 5,296 bales sold at an average price of 62.44 cents/lb. ICE certified cotton stocks remained steady at 13,749 bales. The Cotlook A Index rose 40 points to 76.85 cents.
Additionally, Dec 25 Cotton is at 65.27, down 41 points, Mar 26 Cotton is at 66.44, down 44 points, and May 26 Cotton is at 67.59, down 43 points. Austin Schroeder did not have positions in mentioned securities. This information is for informational purposes only. Published on Barchart.com.
Read more at Yahoo Finance: Cotton Easing Lower on Tuesday
