Cotton Holding Steady on Wednesday

Cotton futures are showing mixed action, with December up 4 points and other neabys down 1 to 2 cents. Crude oil futures are down 85 cents/barrel to $59.71 in the day, with the US dollar index up $0.005 to $100.075. The Tuesday online auction from The Seam showed 729 bales sold with an average price of 65.95 cents/lb. The Cotlook A Index was up 25 points on 11/4 at 77.10 cents. ICE certified cotton stocks were steady on November 4 with the certified stocks level at 13,749 bales. More News from Barchart ...