Cotton futures see gains midday, trading with 51 to 78 point increases. Crude oil futures up by 28 cents/barrel. US dollar index rises to $97.130. Export Sales data shows 32,748 RB net reductions for old crop cotton and 132,624 RB net sales for new crop – second largest this MY.

Seam reports 2,800 bales sold at an average price of 60.78 cents/lb. Cotlook A Index up 5 points to 78.70. ICE cotton stocks down 702 bales due to decertification on 7/23. USDA’s AWP increases to 54.72 cents/lb. Cotton futures for Oct 25 up 78 points, Dec 25 up 51 points, Mar 26 up 53 points.

Read more at Yahoo Finance: Cotton Trading with Thursday Gains