USDA's Export Sales report
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Cotton Posting Friday Gains
Yahoo Financeยท 2025-11-28 17:21
Group 1 - Cotton futures have increased by 14 to 34 points at midday, indicating a positive trend in the market [1] - Crude oil futures rose by 23 cents per barrel, reaching $59.30, while the US dollar index decreased by $0.092 to $99.430 [1] - The USDA's Export Sales report revealed that 175,678 RB of cotton were sold in the week of October 16, marking an 11.45% increase from the previous week, with shipments reaching the highest level this marketing year at 159,631 RB [1] Group 2 - The November 26 online auction from The Seam reported the sale of 3,553 bales at an average price of 61.16 cents per pound [2] - The Cotlook A Index increased by 45 points to 74.95 cents on Thursday [2] - ICE certified cotton stocks remained steady at 20,344 bales as of November 26 [2] - The Adjusted World Price was updated to 50.77 cents per pound, reflecting a decrease of 3 points from the previous week [2] - Cotton futures for December 25 are at 62.77 cents, up 34 points; March 26 at 64.73 cents, up 16 points; and May 26 at 65.89 cents, up 14 points [2]