Cotton Showing Some Green at Midday

Austin Schroeder Barchart Wed Jul 23, 12:35PM CDT
Cotton Fabric with texture by Kwangmoozaa via iStock

Cotton futures are showing positive trade on Wednesday, with contracts up 15 to 40 points so far at midday. Crude oil futures are down 10 cents midway through the session. The US dollar index is weaker, down $0.057 to $97.05.

The Seam showed sales of 1,093 bales on Tuesday, with an average price of 61.43 cents/lb. The world focused Cotlook A Index was down 80 points at 78.65 on July 21. ICE cotton stocks were steady on 7/22, with the certified stocks level at 22,337 bales. USDA’s Adjusted World Price (AWP) was up a tick on Thursday at 54.72 cents/lb. It is in effect through this coming Thursday.

Oct 25 Cotton  is at 66.97, up 38 points,

Dec 25 Cotton  is at 68.4, up 15 points,

Mar 26 Cotton  is at 69.76, up 15 points


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.