Cotton futures saw mixed trade on Wednesday, with contracts down 2 to 3 cents higher at the close. Crude oil futures were down 96 cents/barrel to $59.60 in the day, with the US dollar index down $0.065 to $100.005. The Tuesday online auction from The Seam showed 729 bales sold with an average price of 65.95 cents/lb. The Cotlook A Index was up 25 points on 11/4 at 77.10 cents. ICE certified cotton stocks were steady on November 4 with the certified stocks level at 13,749 bales. More News from Barchart D ...

us recession, Jerome Powell, december rate cut, us dollar index, us unemployment. Photo by BeInCrypto Fed Chair Jerome Powell's statement that a December interest rate cut is "far" from certain has stirred financial markets. The US Dollar Index (DXY) surged to its highest level since August. Meanwhile, major cryptocurrencies suffered declines despite the Fed's latest rate reduction. This reaction, described by analysts as a "hawkish cut," suggests the Fed aims to temper expectations for further monetary e ...

Cotton futures close the Tuesday session with contracts down 68 to 71 points in the nearbys. The US dollar index was back up $0.513 on Tuesday to $98.312, with crude oil 36 cents/barrel higher. The Seam showed 633 bales sold at an average price of 60.70 cents/lb on October 6. The Cotlook A Index was back up 20 points on Monday to 76.65 cents. ICE cotton stocks were unchanged on 10/3, with the certified stocks level at 17,891 bales. More News from Barchart Oct 25 Cotton  closed at 62.02, down 68 points, ...

Group 1 - Cotton futures are mostly lower, with contracts down 30 to 35 points at midday [1] - The US dollar index decreased by $0.224 to $97.600, while crude oil futures fell by $2.41 [1] - Managed money in cotton futures and options increased their bearish positions by 2,943 contracts, resulting in a net short of 62,004 contracts as of September 23rd [1] Group 2 - The Seam's online auction recorded 1,187 sales at an average price of 62.46 cents per pound [2] - The Cotlook A Index remained steady at 77.70 cents on September 26 [2] - ICE cotton stocks were steady on September 26, with certified stocks at 15,474 bales [2] - USDA's Adjusted World Price (AWP) decreased by 41 points to 54.38 cents per pound last week [2] - Cotton futures for October 25 are at 63.95 cents, up 12 points; December 25 at 66.05 cents, down 35 points; and March 26 at 67.93 cents, down 33 points [2]

Cotton price action is up 8 to 11 points so far on Monday. Futures posted gains heading into the weekend as contracts were mostly steady to 12 points higher. December was up 11 points last week. The US dollar index was back down $0.370 on the day to $97.845, with crude oil futures 22 cents higher. Commitment of Traders data showed the managed money crowd in cotton futures and options increasing their bearish bet as of September 23rd by 2,943 contracts, taking their net short to 62,004 contracts. More New ...

Cotton futures posted gains heading into the weekend as contracts were mostly steady to 12 points higher. December was up 11 points this week. The US dollar index was back down $0.370 on the day to $97.845, with crude oil futures 22 cents higher. Commitment of Traders data showed the managed money crowd in cotton futures and options increasing their bearish bet as of September 23rd by 2,943 contracts, taking their net short to 62,004 contracts. More News from Barchart Export Sales data from Thursday sho ...

Group 1 - Cotton futures are experiencing losses ranging from 1 to 42 points across most contracts, influenced by external market pressures such as a stronger US dollar and lower crude oil prices [1] - Export Sales data indicates a marketing year low of 86,094 RB of cotton sold for the week of September 18, while shipments reached a three-week high of 137,223 RB [1] Group 2 - The Seam's online auction on Tuesday recorded 444 sales at an average price of 65.48 cents per pound, with the Cotlook A Index increasing by 30 points to 78.15 cents on September 24 [2] - ICE cotton stocks remained steady on September 24, with certified stocks at 15,474 bales, and USDA's Adjusted World Price (AWP) rose by 69 points to 54.79 cents per pound [2] - Current cotton prices are as follows: October 25 Cotton at 63.62 cents (down 42 points), December 25 Cotton at 66.16 cents (down 1 point), and March 26 Cotton at 68.07 cents (down 4 points) [2]

Group 1 - Wheat prices are experiencing a decline across winter wheat contracts, while spring wheat remains higher [1] - The wheat complex saw losses on Friday, with CBT soft red wheat futures down by 1 to 2 cents, and KC HRW futures down by 2 to 3 cents, resulting in a weekly loss of 7.5 cents for December [1] - The US dollar index increased by $0.334 to $97.305, adding pressure to commodity prices [1] Group 2 - The 7-day weather forecast predicts 1-3 inches of rain in the eastern Central Plain, extending to the Appalachian range [2] - The Commitment of Traders report indicated that spec funds reduced their net short position in Chicago wheat futures by 6,569 contracts, totaling 85,825 contracts, and in Kansas City wheat futures by 1,491 contracts, totaling 51,534 contracts as of September 16 [2] Group 3 - The weekly Export Sales report showed accumulated wheat sales at 13.156 million metric tons (MMT), which is 20% larger than last year and a 5-year high for that week, representing 54% of the USDA wheat export projection [3] - Closing prices for various wheat futures on December 25 showed declines, with CBOT Wheat down 1.75 cents to $5.22 1/2 and KCBT Wheat down 2.75 cents to $5.07 1/4 [3]

Market Overview - The wheat complex is experiencing weaker trading across three markets, with CBT soft red wheat futures down by 3 to 4 cents, KC HRW futures down by 4 to 5 cents, and MPLS spring wheat futures showing fractional losses [1] - The US dollar index is rising, up by $0.304 to $97.275 following the Fed rate cut [1] Export Sales Report - The weekly Export Sales report indicates accumulated sales (shipped and unshipped) at 13.156 million metric tons (MMT), which is 20% larger than last year and represents a 5-year high for this week [2] - This sales figure accounts for 54% of the USDA wheat export projection and is 1 point ahead of the 5-year average sale pace [2] Futures Prices - As of the publication date, the following futures prices are noted: - Dec 25 CBOT Wheat at $5.21, down 3 1/4 cents - Mar 26 CBOT Wheat at $5.39 1/2, down 3 cents - Dec 25 KCBT Wheat at $5.05 3/4, down 4 1/4 cents - Mar 26 KCBT Wheat at $5.27 3/4, down 4 cents - Dec 25 MGEX Wheat at $5.70 3/4, down 1 cent - Mar 26 MGEX Wheat at $5.91 1/4, down 1/2 cent [2]

Group 1 - Cotton futures experienced a decline on Wednesday, with contracts falling between 37 to 53 points across the nearby months [1] - The US dollar index increased by $0.392, reaching $96.640, while crude oil futures decreased by $0.59 [1] - The Federal Reserve cut interest rates by 25 basis points as anticipated [1] Group 2 - The Seam reported the sale of 909 bales of cotton on Tuesday at an average price of 63.60 cents per pound [2] - The Cotlook A Index remained unchanged at 78.10 cents as of September 16 [2] - ICE cotton stocks were steady on September 16, with certified stocks at 15,474 bales [2] - The USDA's Adjusted World Price (AWP) decreased by 21 points last week, now at 54.10 cents per pound, valid through Thursday [2] Group 3 - Cotton futures for October 25 closed at 65.86 cents, down 53 points; December 25 closed at 67.25 cents, down 43 points; and March 26 closed at 69.2 cents, down 37 points [3]