Cotton Holding Lower at Midday

Cotton futures are trading with contracts down 3 to 5 points at Monday’s midday, with October down 64 points. The US dollar index is back $0.230 on the day to $97.040 and crude oil futures $0.28 lower. The weekly CFTC Commitment of Traders report indicated managed money trimming their net short in cotton futures and options by 9,844 contracts to 59,061 contracts by September 16. More News from Barchart The Cotlook A Index was down another 25 points at 78.40 cents on September 19. ICE cotton stocks were ...