Cotton Weakness Holding on Tuesday

Cotton futures are down 30 to 50 points across most front months on Tuesday. Crude oil futures are down 70 cents per barrel on the day at $62.19. The US dollar index is down $0.371 to $97.190. CFTC data showed a total of 3,856 contracts added to the spec net short position in the week ending on 2/10. Managed money was net short 75,602 contracts as of Tuesday. More News from Barchart The Seam showed sales of 4,895 bales sold on 2/13, averaging 56.79 cents/lb. The Cotlook A Index was steady on Monday at ...