Cotton Falling into the Long Weekend

Group 1 - Cotton futures are trading down by 25 to 32 points at midday on Friday [1] - Crude oil futures increased by $0.27 per barrel, reaching $63.11 [1] - The US dollar index rose by $0.082 to a level of $96.755 [1] Group 2 - USDA's Export Sales data indicates 8.034 million RB of cotton export commitments, which is 12% lower than last year [1] - This figure represents 71% of USDA's revised export projection, a decrease from the previous average pace of 88% [1] - The Seam reported sales of 15,617 bales on February 12, averaging 57.90 cents per pound [2] Group 3 - The Cotlook A Index increased by 25 points to 73.55 cents [2] - ICE certified cotton stocks rose by 3,808 bales, totaling 106,040 bales [2] - The Adjusted World Price was reduced to 49.39 cents per pound, down 39 points from the previous week [2] Group 4 - March 26 Cotton is priced at 61.97 cents, down 32 points [2] - May 26 Cotton is at 64.01 cents, also down 32 points [2] - July 26 Cotton is trading at 65.7 cents, down 28 points [2]