Alan Brugler
Cotton Mixed Following Positive Export Sales Data
Barchart28 minutes ago
Cotton futures posted mixed action on Thursday, with contracts anywhere from up 38 points to 21 points lower. The outside market influences saw crude oil up $1.03/barrel and the US dollar index 260 points lower. Export Sales data from this morning saw an uptick to the old crop cotton bookings...
Cotton Slightly Higher After Decent Export Sales Data
BarchartThu Apr 25, 11:57AM CDT
Cotton futures are showing 1 to 184 point gains in the front months with some of the deferreds lower. The outside market influences are showing crude oil down 19 cents/barrel and the US dollar index 245 points lower. Export Sales data from this morning saw an uptick to the old...
Cotton Posing Thursday Morning Gains
BarchartThu Apr 25, 7:31AM CDT
Cotton futures are 8 to 15 points higher this morning. They were down anywhere from 39 to 187 points on Wednesday. The outside market influences were there, with crude oil down 54 cents/barrel and the US dollar index up 160 points. Export Sales data will be released later this morning,...
Cotton Posts Midweek Losses
BarchartWed Apr 24, 4:54PM CDT
Cotton futures were down anywhere from 39 to 187 points on Wednesday. The outside market influences put pressure on the market, with crude oil down 54 cents/barrel and the UD dollar index up 160 points. Export Sales data will be released on Thursday morning. ICE certified cotton stocks were up...
Cotton Leaking Lower with Outside Market Pressure
BarchartWed Apr 24, 12:01PM CDT
Cotton futures are down 24 to 40 points at midday, with May up 18 on thin trade. The outside market influences are putting pressure on the market at midday, with crude oil down 47 cents/barrel and the UD dollar index up 230 points. ICE certified cotton stocks were up another...
Cotton Showing Mixed Trade
BarchartWed Apr 24, 7:31AM CDT
Overnight action in the cotton market has futures mixed again with front months up 8 to 18 points and other contracts down 2 to 35 points. They reversed some of Tuesday’s early intraday weakness, with contracts closing 18 to 70 points lower and 50-100 points off their lows. May was...
Cotton Closes Mixed Ahead of First Notice Day
BarchartTue Apr 23, 4:50PM CDT
The cotton market reversed some of Tuesday’s intraday weakness, with contracts closing 18 to 70 points lower and 50-100 points off their lows. May was up 18 points ahead of first notice day on Wednesday. They shrugged off outside market strength, with crude oil up $1.54 and the US dollar...
Cotton Pushing Back Lower at Midday
BarchartTue Apr 23, 11:59AM CDT
The cotton market showing losses on Turnaround Tuesday, to continue the slide with 25 to 131 point losses. They are shrugging off outside market strength, with crude oil up $1.02 at midday and the US dollar index down 358 points. The US cotton crop was 11% planted as of April...
Cotton Leaking Lower
BarchartTue Apr 23, 7:30AM CDT
The cotton market is down 11 to 28 points in early Tuesday trade. Cotton saw a bit of a dead cat bounce on Monday, as contracts were up 29 to 140 points after reaching new multi-month lows last week. The US cotton crop was 11% planted as of April 21...
Cotton Post Monday Strength
BarchartMon Apr 22, 5:03PM CDT
The cotton market saw some recovery from the drop off the February highs, as contracts were up 29 to 140 points on Monday. The US cotton crop is now 11% planted as of April 21 according to the NASS Crop Progress report from this afternoon. That matches both the 5-year...
Cotton Recovering Higher at Midday
BarchartMon Apr 22, 12:01PM CDT
The cotton market is showing 65 to 106 point gains on Monday as futures recover from the recent collapse. Commitment of Traders data confirmed a mass exodus of the managed money long in cotton futures in options in the week that ended on 4/16, of 25,890 contracts. That was the...
Cotton Begins Monday with Gains
BarchartMon Apr 22, 7:30AM CDT
The cotton market is trading 37 to 96 points higher so far this morning. Futures were mostly higher on Friday, with the exception of a couple ’25 contracts. Most were up 3 to 59 points on the day, led by the nearbys. Crude oil futures had a volatile Friday session...
Cotton Ends the Week on a Higher Note
BarchartFri Apr 19, 4:51PM CDT
The cotton market was mostly higher on Friday, with the exception to a couple ’25 contracts. Most were up 3 to 59 points on the day, led by the nearbys. Crude oil futures had a volatile Friday session and closed up 46 cents after collapsing of the overnight highs. That...
Cotton Modestly Higher at Midday
BarchartFri Apr 19, 11:52AM CDT
The cotton market is trading 2 to 72 points higher to round out the week. Crude oil futures had a volatile night, and are back up 33 cents at midday, with the morning lows more than $4 off the overnight highs. That was after after reports of several presumed Israeli...
Cotton Showing Slight Gains on Friday Morning
BarchartFri Apr 19, 7:27AM CDT
The cotton market is trading higher to round out the week, with gains of 13 to 63 points this morning. Futures posted 7 to 113 point losses on Thursday. The death spiral liquidation continues for May, down 146 points, as longs get out before deliveries, with rest of the contracts...