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Cotton Holding onto Pre-Holiday Gains
Yahoo Finance· 2025-12-24 17:22
Cotton futures are up 15 to 25 points so far on Wednesday. Crude oil futures are another 15 cents per barrel higher at $58.52. The US dollar index is back up $0.007 to $97.620. The markets will be closed on Thursday for Christmas, with an early close for Tuesday. Export Sales data as of the week ending on 12/11 has cotton export commitments at 6.183 million RB, 14% below last year. That is also 54% of the USDA projection and lags the 72% average sale pace. More News from Barchart CFTC’s updated commitm ...
Cotton Showing Early Wednesday Gains
Yahoo Finance· 2025-12-24 13:35
Cotton price action is up 10 to 15 points so far on Wednesday. Futures posted a stronger Tuesday trade, with contracts closing 40 to 45 points higher. Crude oil futures were 46 cents per barrel higher at $58.47. The US dollar index was back down $0.364 to $97.590. The markets will be closed on Thursday for Christmas, with an early close for Tuesday. The Tuesday Export Sales catch up release showed 304,689 RB of cotton sold in the week of December 11, a marketing year high and the largest since February. ...