Cotton futures are up on Wednesday, with crude oil also rising. Commitment of Traders data shows spec funds increasing their net short position in cotton. The online auction from The Seam saw 6,457 bales sold at an average price. ICE certified cotton stocks remain steady. Adjusted World Price updated to 50.80 cents/lb.

Dec 25 Cotton is at 62.43, up 99 points. Mar 26 Cotton is at 64.61, up 38 points. May 26 Cotton is at 65.78, up 35 points. Markets will be closed on Thursday. No positions in securities mentioned. Information for informational purposes only. Published on Barchart.com.

Read more at Yahoo Finance: Cotton Showing Wednesday Gains