Cotton saw weakness on Thursday, as contracts retreated 70 to 85 points lower in the nearbys. Crude oil futures were up just 4 cents per barrel on the day at $65.46. The US dollar index was up $0.100 at $97.725. Export Sales data from this morning showed a total of 253,229 RB of cotton sold in the week ending on February 19. That was a 45.69% decline from the week prior and 18.95% below the same week last year. Bangladesh was the largest buyer at 70,700 RB, with 59,700 RB sold to India. Shipments were tal ...

Cotton futures posted gains of 61 points across the front months at the Wednesday close. Crude oil futures are down 6 cents per barrel on the day at $65.57. The US dollar index was down $0.170 at $97.600. The Seam showed sales of 25.330 bales sold on 2/24, averaging 61.69 cents/lb. The Cotlook A Index was down 20 points on Tuesday at 75.55 cents. ICE certified cotton stocks were steady on February 24, with the certified stocks level at 119,457 bales. The Adjusted World Price was up 66 points last Thursday ...

Cotton futures are extending higher on Wednesday, with contracts rallying 70 to 80 points, as March is up 124 points in thinner trade. Crude oil futures are down 10 cents per barrel on the day at $65.53. The US dollar index is down $0.180 at $97.595. The Seam showed sales of 25.330 bales sold on 2/24, averaging 61.69 cents/lb. The Cotlook A Index was down 20 points on Tuesday at 75.55 cents. ICE certified cotton stocks were steady on February 24, with the certified stocks level at 119,457 bales. The Adjus ...

Cotton futures posted 35 to 42 point gains across most contracts on Tuesday, with March unchanged on thin trade. Crude oil futures were down 18 cents per barrel on the day at $66.13. The US dollar index was up $0.194 at $97.835. The Seam showed sales of 6,714 bales sold on 2/23, averaging 58.60 cents/lb. The Cotlook A Index was up 160 points on Friday at 75.75 cents. ICE certified cotton stocks were steady on February 23, with the certified stocks level at 119,457 bales. The Adjusted World Price was up 66 ...

Cotton futures are showing 50 to 65 point gains across most contracts on Tuesday, with March down 41 points on thin trade. Crude oil futures are down 52 cents per barrel on the day at $65.81. The US dollar index is up $0.069 at $97.710. The Seam showed sales of 6,714 bales sold on 2/23, averaging 58.60 cents/lb. The Cotlook A Index was up 160 points on Friday at 75.75 cents. ICE certified cotton stocks were steady on February 23, with the certified stocks level at 119,457 bales. The Adjusted World Price w ...

Cotton futures posted a rally or 110 to 150 points across most contracts on Friday, as March closed out the week with a 92 point gain. Crude oil futures was down 4 cents per barrel on the day at $66.36. The US dollar index was down $0.170 to $97.685. USDA’s Export Sales report from this morning showed 466,253 RB of cotton sold in the week of 2/12. That was a marketing year high and the larges sale for a single week since June 2023. Vietnam was the largest buyer of 144,800 RB, with 126,400 RB to Bangladesh ...

Market Overview - U.S. stock futures rose on Friday after a decline on Thursday, with all major benchmark indices showing positive futures [1] - Wall Street is anticipating the release of fourth-quarter GDP data and the Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditure Price Index [1] Treasury Bonds - The 10-year Treasury bond yielded 4.07%, while the two-year bond was at 3.47% [2] - The CME Group's FedWatch tool indicates a 94% likelihood of the Federal Reserve maintaining current interest rates in March [2] Index Performance - Dow Jones increased by 0.26%, S&P 500 by 0.37%, Nasdaq 100 by 0.47%, and Russell 2000 by 0.34% [3] Stocks in Focus - Copart Inc. (NASDAQ: CPRT) dropped 6.64% after reporting quarterly earnings of 36 cents per share, missing the consensus estimate of 40 cents [6] - Comfort Systems USA Inc. (NYSE: FIX) rose 4.57% after better-than-expected fourth-quarter results and an increase in its quarterly dividend [6] - Candel Therapeutics Inc. (NASDAQ: CADL) declined 12.27% following a $100 million public stock offering [7] Sector Performance - Utilities led gains with a 1.13% increase, while Financials experienced the steepest decline, dropping 0.86% [8] Analyst Insights - Scott Wren from Wells Fargo Investment Institute has upgraded the GDP growth forecast to 2.9% from 2.4%, maintaining a bullish outlook on the U.S. economy [9] - Wren recommends focusing on sectors sensitive to growth, specifically Financials and Industrials, which are expected to benefit from AI infrastructure developments [10] - Wren views market pullbacks as opportunities for investment in large- and mid-cap domestic equities, rejecting a defensive positioning strategy [10]

Group 1 - Cotton futures are experiencing gains ranging from 10 to 23 points as of Thursday [1] - Crude oil futures have increased by $1.39 per barrel, reaching $66.64 [1] - The US dollar index has risen by $0.199 to a level of $97.820 [1] Group 2 - The USDA's Ag Outlook Forum reported that cotton acreage is projected at 9.4 million acres for planting this spring [1] - Cotton production is estimated to be 13.650 million bales [1] Group 3 - The Seam reported sales of 16,513 bales on February 18, with an average price of 58.85 cents per pound [2] - The Cotlook A Index decreased by 30 points to 73.55 cents on Wednesday [2] - ICE certified cotton stocks increased by 2,565 bales on February 18, totaling 117,075 bales [2] Group 4 - The Adjusted World Price was reduced to 49.39 cents per pound last week, with an update expected later today [2] - Cotton futures for March 26 are at 61.76, up 21 points; May 26 at 63.99, up 23 points; and July 26 at 65.57, up 10 points [2]

Futures are buoyed by geopolitical risk premiums despite estimates that the market ran a surplus of roughly 1.5 million barrels a day in 2025. ...

Group 1 - Cotton futures closed the Wednesday session with contracts increasing by 3 to 12 points [1] - Crude oil futures rose by $2.74 per barrel, reaching $65.07 [1] - The US dollar index increased by $0.570 to 97.630 [1] Group 2 - USDA's Ag Outlook Forum is set to release initial balance sheet estimates, with a Bloomberg survey predicting 9.2 million acres of cotton to be planted this spring, a decrease from 9.3 million acres last year [1] - Cotton production is expected to decline by 430,000 bales to a total of 13.49 million bales [1] Group 3 - The Seam reported sales of 8,501 bales on February 17, averaging 58.11 cents per pound [2] - The Cotlook A Index remained steady at 73.85 cents [2] - ICE certified cotton stocks increased by 4,496 bales on February 17, totaling 110,014 bales [2] Group 4 - The Adjusted World Price was reduced to 49.39 cents per pound last week, valid through Thursday [2] - March 26 Cotton closed at 61.55, up 3 points; May 26 Cotton closed at 63.76, up 12 points; July 26 Cotton closed at 65.47, up 10 points [2]