Cotton futures posted Friday losses of 15 to 20 points at the close, as March held up for a 105 point gain on the week. Crude oil futures were down 3 cents per barrel on the day at $62.81. The US dollar index was down $0.067 to $96.770. The markets will be closed on Monday for President’s Day. USDA’s Export Sales data has 8.034 million RB of cotton export commitments, which is 12% below last year. That is 71% of USDA’s revised export projection, back from the 88% average pace. More News from Barchart ...

Corn futures got some spillover strength from gains in wheat and recent weakness in the US dollar index, as contracts closed with 1 ¼ to 3 ½ cent gains across the board. The CmdtyView national average Cash Corn price was up 3 3/4 cents at $3.94 1/2. EIA data from this morning showed ethanol production slipping 5,000 barrels per day to 1.114 million bpd in the week of January 23. Stocks did see a draw of 339,000 barrels to 25.4 million barrels. Exports were down 61,000 bpd in that week to 157,000 bpd, with ...

Price Movement - Cotton prices increased by 15 to 23 points on Tuesday morning, with futures mostly steady on Friday, showing a decrease of 4 to 5 points in the front months, while March futures were up 25 points for the week [1] - Crude oil futures rose by 11 cents per barrel, reaching $59.30, and the US dollar index increased by $0.063 to $99.195 [1] Market Positioning - The CFTC's Commitment of Traders report indicated that managed money increased their net short position in cotton futures and options by 2,600 contracts, totaling 50,372 contracts as of last Tuesday [1] Export Data - Cotton export commitments are reported at 6.937 million RB, which is 14% lower than the previous year, representing 60% of the USDA's export projection and significantly lagging behind the 79% average sales pace [2] - Actual cotton exports stand at 3.142 million RB, accounting for 27% of USDA's estimate, which is also behind the 32% average shipping pace [2] Auction and Pricing - The January 15 online auction from The Seam recorded sales at 59.12 cents per pound for 11,430 bales, while the Cotlook A Index remained unchanged at 75.05 cents [3] - ICE certified cotton stocks remained stable at 11,029 bales, and the Adjusted World Price was updated to 51.17 cents per pound, reflecting an increase of 20 points from the previous week [3] Futures Closing Prices - March 26 Cotton closed at 64.66 cents, down 5 points, but currently up 20 points - May 26 Cotton closed at 66.23 cents, down 4 points, currently up 23 points - July 26 Cotton closed at 67.65 cents, down 4 points, currently up 21 points [3]

Market Overview - Corn futures experienced fractional losses in the front months while other contracts saw fractional gains, with the national average Cash Corn price down by ¼ cent to $4.08 1/2 [1] Export Sales Data - For the week ending January 1, only 377,598 MT of corn were sold, falling short of the estimated range of 0.7-1.5 MMT for 2025/26, marking a marketing year low and a 15.1% decrease compared to the same week last year [2] - South Korea was the largest buyer, purchasing 139,000 MT, followed by Japan with 108,100 MT; sales for 2026/27 were recorded at 11,860 MT, within the expected range of 0-100,000 MT [2] Export Performance - Census data indicated a record export of 6.564 MMT (248.5 million bushels) of corn in October, which was a 5.93% decline from September but a 63.38% increase compared to October 2024 [3] - Distillers exports were nearly at last year's October record, totaling 1.067 MMT, while ethanol shipments reached a record pace of 185 million gallons for the month [3] USDA Report Expectations - The upcoming USDA's WASDE report is anticipated to show stocks at 1.985 billion bushels, reflecting a reduction of 44 million bushels if realized [4]

Group 1 - Cotton futures have increased by 15 to 25 points as of Wednesday, while crude oil futures rose by 15 cents per barrel to $58.52 [1] - The US dollar index has risen by $0.007 to $97.620 [1] - Cotton export commitments as of the week ending December 11 are at 6.183 million RB, which is 14% lower than last year and represents 54% of the USDA projection, lagging behind the 72% average sale pace [1] Group 2 - The CFTC's updated commitment of Traders report indicates an increase of 180 contracts in the managed money net short position in cotton futures and options, bringing the total net short to 54,833 contracts as of December 16 [2] - The online auction from The Seam on December 23 recorded sales of 24,874 bales at an average price of 59.80 cents per pound [3] - The Cotlook A Index decreased by 20 points to 73.50 cents on December 23, while ICE certified cotton stocks fell by 796 bales to a total of 11,600 bales [3] - The Adjusted World Price was updated to 49.99 cents per pound, reflecting a 40-point drop from the previous week [3] - March 26 cotton is priced at 64.18 cents, up 17 points; May 26 cotton is at 65.45 cents, up 25 points; July 26 cotton is at 66.51 cents, up 24 points [3]

Market Overview - Soybean prices increased by 5 to 7 cents on Christmas Eve, while futures contracts decreased by 1 to 2 cents at the Tuesday close [1] - Open interest fell by 9,511 contracts on Tuesday, primarily due to a reduction of 20,552 contracts in January futures, although other front months saw an increase [1] - The national average cash price for soybeans was reported at $9.80 3/4, down 3 cents from the previous day [1] Futures Performance - Soymeal futures experienced gains ranging from $1.10 to $2.50, while Soy Oil futures declined by 25 to 39 points [1] - Specific closing prices for January, March, and May 2026 soybeans were $10.51 1/2, $10.63 3/4, and $10.74 1/4 respectively, with slight decreases noted [4] Export Sales Data - The USDA reported soybean export sales for the week ending December 11 at 2.396 million metric tons (MMT), marking a marketing year high and a 68.3% increase compared to the same week last year [3] - China was a significant buyer, purchasing 1.38 MMT, contributing to total known sales to China of 6.2 MMT [3] - Soymeal sales surpassed trade estimates at 616,453 metric tons, while bean oil sales were recorded at 8,660 metric tons [3] Commitment of Traders - Managed money reduced their net long position by 32,560 contracts, bringing the total to 147,778 contracts for the week ending December 16 [2]

Group 1 - Wheat futures showed mixed performance, with Chicago SRW futures gaining 1 to 2 cents while KC HRW futures experienced losses of 1 to 2 cents [1] - The KC wheat market was noted as the weakest, with March futures down 2 ¾ cents last week, while MPLS spring wheat saw an increase of 5 to 6 cents [1] - Open interest in wheat futures increased by 11,648 contracts, indicating slight new buying activity [1] Group 2 - Export Sales data for the week ending December 4 is anticipated, with analysts predicting wheat sales between 300,000 to 600,000 MT [2] - A CFTC update revealed that spec traders in CBT wheat futures added 2,228 contracts to their net short position, totaling 46,069 contracts as of December 19 [3] - Algeria has issued a tender for 50,000 MT of durum wheat, while Argentina's wheat crop estimate has been revised to 27.1 MMT, an increase of 1.6 MMT from previous estimates [3] Group 3 - Closing prices for various wheat futures on March 26 showed slight increases for CBOT and MGEX wheat, while KCBT wheat experienced minor declines [4] - Specific closing prices included CBOT Wheat at $5.09 3/4, KCBT Wheat at $5.15 1/4, and MGEX Wheat at $5.78, with respective changes noted [4]

Group 1 - Cotton futures increased by 10 to 16 points at the close on Monday [1] - Crude oil futures decreased by 79 cents per barrel, settling at $56.65 [1] - The US dollar index fell by $0.093 to $98.300 [1] Group 2 - CFTC data revealed that spec funds raised their net short position by 3,756 contracts, totaling 61,999 contracts as of November 25 [1] - Export Sales data indicated cotton sales of 148,396 RB for the week ending November 20, marking a 3-week low, while shipments rose to 120,825 RB [2] Group 3 - An online auction from The Seam reported sales of 8,516 bales at an average price of 59.57 cents/lb [3] - The Cotlook A Index decreased by 25 points to 73.95 cents on December 12 [3] - ICE certified cotton stocks remained steady at 13,971 bales as of December 11 [3] - The Adjusted World Price was updated to 50.39 cents/lb, down 89 points from the previous week [3] Group 4 - March 26 Cotton closed at 63.94, up 11 points; May 26 Cotton closed at 65.06, up 15 points; July 26 Cotton closed at 66.1, up 16 points [3]

Group 1 - Cotton futures are experiencing slight gains of 15 to 17 points across most contracts as of Monday's midday [1] - Export Sales data indicates cotton sales of 148,396 RB for the week ending November 20, marking a 3-week low, while shipments increased to 120,825 RB [1] - A delayed CFTC report revealed a reduction of 2,086 contracts from the spec fund net short, bringing the total to 58,243 contracts for the week ending November 18 [2] Group 2 - The online auction from The Seam on Friday recorded sales of 8,516 bales at an average price of 59.57 cents per pound [3] - The Cotlook A Index decreased by 25 points to 73.95 cents on December 12 [3] - ICE certified cotton stocks remained steady at 13,971 bales as of December 11 [3] - The Adjusted World Price was updated to 50.39 cents per pound, down 89 points from the previous week [3] - Cotton futures for March 26, May 26, and July 26 are priced at 63.99, 65.08, and 66.1 cents per pound, reflecting increases of 16 and 17 points [3]

Group 1 - Corn prices are slightly lower, with futures down 4 to 6 cents as December contracts expired, and March settled with a 4 cent loss [1] - The national average Cash Corn price decreased by 5 1/2 cents to $3.96 3/4 [1] - Export Sales data is anticipated, with expectations of 1.1-2.2 million metric tons in corn sales for the week ending November 20 [1] Group 2 - CFTC data indicates that managed money shifted to a net long position of 38,127 contracts, reflecting a significant move of 77,650 contracts for the week ending November 18 [2] - Nearby Cash Corn price is reported at $3.96 3/4, down 5 1/2 cents, while March 26 Corn closed at $4.40 3/4, down 5 3/4 cents [2] - May 26 Corn closed at $4.49, down 5 1/4 cents, with a current decrease of 1/4 cent [2]