Cotton prices rose 15 to 23 points on Tuesday morning after steady futures on Friday. Crude oil futures were up 11 cents per barrel at $59.30, while the US dollar index stood at $99.195, up $0.063.
The CFTC’s Commitment of Traders report showed managed money increasing their net short in cotton futures and options by 2,600 contracts to 50,372 contracts.
Export Sales data revealed cotton export commitments at 6.937 million RB, 14% below last year. Actual exports were 3.142 million RB, lagging USDA estimates.
The January 15 online auction from The Seam reported sales of 59.12 cents/lb on 11,430 bales. The Cotlook A Index remained at 75.05 cents.
Cotton futures for March, May, and July 2026 closed down a few points but were currently up between 20 and 23 points.
Austin Schroeder did not have any positions in mentioned securities. Information in the article is for informational purposes only.
Read more at Yahoo Finance: Cotton Trading with Tuesday AM Gains
