Cotton futures dip 2-5 points on Wednesday, with crude oil up 50 cents at $61.65 per barrel. US dollar index down $0.049 at $98.860. Online auction from The Seam shows sales at 60.08 cents/lb on 14,042 bales. ICE certified cotton stocks unchanged at 11,029 bales. Adjusted World Price updated to 50.97 cents/lb.

Cotton prices as of March 26: Mar 26 Cotton at 64.85, down 3 points. May 26 Cotton at 66.38, down 3 points. Jul 26 Cotton at 67.84, down 2 points. Austin Schroeder does not hold positions in mentioned securities. Information in article for informational purposes only. Originally published on Barchart.com.

Read more at Yahoo Finance: Cotton Showing Steady Trade on Wednesday