Cotton Bulls Trying to Push Back on Thursday Morning

Cotton price action is up 36 to 51 points so far on Thursday. Futures posted Wednesday losses of 27 to 61 points at the close. Crude oil futures are back down $1.15 per barrel to $59.59 on the day, with the US dollar index $0.606 higher to $100.055. August cotton exports (excluding linters) totaled 642,851 bales, which was a 10-yar low for the month, and down 31.39% from July. More News from Barchart Managed money was adding 2,736 contracts to their net short position as of September 30 according to del ...