Cotton futures are up 45 to 55 points so far on Monday. Crude oil futures are up 28 cents/barrel to $60.03 on the day, with the US dollar index $0.021 lower to $99.450.
The Friday online auction from The Seam showed 329 bales sold with an average price of 60.69 cents/lb. The Cotlook A Index was down 70 points on 11/7 at 75.85 cents. ICE certified cotton stocks were steady on November 7 with the certified stocks level at 13,749 bales. The AWP continues to not be updated due to the government shutdown.
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Dec 25 Cotton is at 64.11, up 49 points,
Mar 26 Cotton is at 65.67, up 53 points,
May 26 Cotton is at 66.8, up 45 points
