Cotton #2 Mar '24 (CTH24)
Cotton #2 Futures Market News and Commentary
Cotton futures were back to rally mode on Friday, with front month up 116 to 130 points at the close. December was 40 points higher on the week. Crude oil was $1.15 per barrel higher, with the US dollar index $0.320 lower.
Commitment of Traders data showed managed money adding another 10,591 contracts to their net long in cotton futures and options during the week ending on August 11. That net long stood at 78,870 contracts on Tuesday, the largest in over 2 years.
Export Sales data has 2025/26 accumulated export business at 11.977 million RB, which is 107% of the USDA export projection. Accumulated shipments were 11.198 million RB to round out the marketing year. New crop business at 4.026 million RB is 25% above the same period last year.
The Cotlook A Index was steady on August 13 on Wednesday at 94.95 cents. ICE certified cotton stocks were down 1,779 bales on Wednesday, with the certified stocks level at 75,985 bales. The Adjusted World Price was raised by 190... Read more
Best Weather Inc. · Fri Aug 14, 5:26PM CDT
Jim's video has animated hurricane maps showing years that are analogous to 2026 (... and which markets reacted)
Barchart · Fri Aug 14, 4:53PM CDT
Cotton futures were back to rally mode on Friday, with front month up 116 to 130 points at the close. December was 40 points higher on the week. Crude...
Barchart · Fri Aug 14, 1:54PM CDT
October NY world sugar #11 (SBV26 ) on Friday closed down -0.22 (-1.31%), and October London ICE white sugar #5 (SWV26 ) closed down -6.70 (-1.29%). NY...
Barchart · Fri Aug 14, 1:52PM CDT
September ICE NY cocoa (CCU26 ) on Friday closed up +86 (+1.52), and September ICE London cocoa #7 (CAU26 ) closed up +4 (+0.10%). Cocoa prices on Friday...
Barchart · Fri Aug 14, 1:43PM CDT
September arabica coffee (KCU26 ) on Friday closed up +5.00 (+1.50%), and September ICE robusta coffee (RMU26 ) closed down -45 (-1.23%). Coffee prices...
Barchart · Fri Aug 14, 12:15PM CDT
Cotton futures are in rally back mode on Friday, with contracts 96 to 133 points higher across most months. Crude oil is trading 66 cents per barrel higher,...
Barchart · 53 minutes ago
A persistent 4% to 5% long-term bond rate makes fixed income a viable competitor to stocks for the first time in nearly two decades.
Barchart · 53 minutes ago
Nebius just gave Bloom Energy another vote of confidence. Is there more upside ahead for BE stock?
Barchart · 1 hour ago
As Unusual Machines lands a $2.1 million deal with the U.S. government, Piper Sandler initiated coverage of the drone stock with a positive rating.
Barchart · 1 hour ago
Wendy’s stock surged on takeover speculation, putting investors on alert as Nelson Peltz’s Trian reportedly weighs a bid to take the fast-food chain...
Barchart · 1 hour ago
As Birkenstock shares jump on a revenue beat and brighter guidance, can BIRK keep the momentum going?
Barchart · 1 hour ago
Nvidia is reshaping the AI investment landscape as Jensen Huang positions its chips as an “investable asset class.”
Barchart · 1 hour ago
This ETF gives us insight into what's going on with the bank stocks market segment. Here's what to know.
Barchart · Fri Aug 14, 6:00PM CDT
Intuit is one of three cheap, dividend-paying tech stocks flying under the radar, with Wall Street price targets suggesting up to 151% upside for the software...