Cotton Falling at Friday’s Midday

Market Overview - Cotton futures are experiencing losses ranging from 25 to 45 points on Friday [1] - Crude oil futures have decreased by 41 cents per barrel, now priced at $57.01 [1] - The US dollar index has increased by $0.058, reaching 98.105 [1] USDA Farm Bridge Assistance Program - The USDA has released payment details for the Farm Bridge Assistance program, with cotton payments set at $117.35 per acre [1] CFTC Commitment of Traders Report - The CFTC's updated Commitment of Traders report indicates that managed money has reduced their net short positions by 4,387 contracts, bringing the total to 50,446 contracts as of December 23 [2] Cotton Auction and Pricing - The Seam's online auction recorded sales of 17,479 bales on December 31, with an average price of 65.40 cents per pound [3] - The Cotlook A Index remained unchanged at 74.30 cents on Wednesday [3] - ICE certified cotton stocks were steady at 11,510 bales as of December 31 [3] - The Adjusted World Price for cotton has been updated to 50.76 cents per pound, reflecting an increase of 74 points from the previous week [3] - The LDP (Loan Deficiency Payment) rate is currently at 1.24 cents [3] Cotton Futures Prices - March 26 Cotton is priced at 63.82 cents, down 45 points [3] - May 26 Cotton is priced at 65.25 cents, down 35 points [3] - July 26 Cotton is priced at 66.57 cents, down 26 points [3]