Cotton futures are rebounding from lows, with contracts up 15-25 points at midday. December is bouncing from a new contract low. The US dollar index is up $0.441 to $98.725, and crude oil is 92 cents/barrel higher. The Seam reported 2,777 bales sold at an average price of 61.55 cents/lb. ICE cotton stocks were unchanged on 10/7, with certified stocks at 17,891 bales. Cotton prices on Oct 25: Oct 25 at 62.02, down 68 points, Dec 25 at 64.7, up 24 points, Mar 26 at 66.55, up 17 points.
Read more at Yahoo Finance: Cotton Turning Higher On Wednesday After Hitting Contract Lows
