Cotton futures closed the Wednesday session with contracts coming off the midday highs, up 7 to 49 points. The US dollar index was $0.215 higher at $98.395. Crude oil was down $1.18 at $101.00 at the close.
The monthly WASDE update showed 2025/26 cotton yield at 852 lbs/ac, with production at 13.9 million bales. Old crop ending stocks were left at 4.4 million bales. New crop stocks for 2026/27 were at 3.9 million bales, with the initial production at 13.3 million bales.
The Seam showed sales of 1,110 bales on May 12, at an average price of 82.50 cents/lb. The Cotlook A Index was back up 300 points on Tuesday at 97.65 cents. ICE certified cotton stocks were up 1,160 bales on 5/12, with the certified stocks level at 185,378 bales. The Adjusted World Price was up another 393 points last week at 69.59 cents/lb.
Jul 26 Cotton closed at 86.81, up 49 points,
Dec 26 Cotton closed at 86.46, up 18 points,
Mar 27 Cotton closed at 87.03, up 25 points
