Cotton Giving Back Tuesday Gains on Wednesday

Austin Schroeder Barchart Wed Sep 17, 12:09PM CDT
Closeup of cotton plant via bobbycrim via Pixabay

Cotton futures are falling lower at Wednesday’s midday, as contracts are down 35 to 40 points at midday. The US dollar index is up $0.097 so far on the day to $96.345, with crude oil futures $0.23 lower. 

The Seam reported 909 bales sold on Tuesday at an average price of 63.60 cents/lb. The Cotlook A Index was unchanged at 78.10 cents on September 16. ICE cotton stocks were again steady on 9/16, with the certified stocks level at 15,474 bales. USDA’s Adjusted World Price (AWP) was down another 21 points last week at 54.10 cents/lb. It is good through this Thursday. 

Oct 25 Cotton  is at 66, down 39 points,

Dec 25 Cotton  is at 67.29, down 39 points,

Mar 26 Cotton  is at 69.21, down 36 points


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.