Cotton futures are up 15 to 20 points, while crude oil futures are down 17 cents per barrel. Commitment of Traders data shows specs reducing their net short position by 10,311 contracts. Sales of 6,299 bales at an average price of 59.38 cents/lb were seen in the latest online auction. ICE certified cotton stocks remain steady at 13,971 bales. Mar 26 Cotton is at 64.03, up 17 points, May 26 Cotton is at 65.06, up 14 points, and Jul 26 Cotton is at 66.06, up 15 points. Adjusted World Price is at 51.28 cents/lb.

Read more at Yahoo Finance: Cotton Gains Holding at Midday