Cotton #2 Mar '29 (CTH29)
Cotton #2 Futures Market News and Commentary
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil was up another $3.50 per barrel, with the US dollar index up 0.011.
Friday afternoon’s Commitment of Traders report showed managed money spec funds in cotton futures and options adding another 10,578 contracts to their net long in the week ending on Tuesday to 49,684 contracts.
Export Sales data shows old crop cotton commitments at 11.951 million RB as of July 9, which is 102% of the USDA export projection, and lagging behind the last few year. Shipments accumulated to 10.398 million RB are 88% of the USDA number, behind the 93% from last year at this time. New crop sales have reached 2.51 million RB.
The Cotlook A Index was up 70 points on Thursday at 90.65 cents. The Forward A was up 55 points at 92.35. ICE certified cotton stocks were unchanged on July 16 via decertification, with the certified stocks level at 9... Read more
Barchart · Fri Jul 17, 3:55PM CDT
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil...
Barchart · Fri Jul 17, 1:23PM CDT
October NY world sugar #11 (SBV26 ) on Friday closed up +0.39 (+2.70%), and October London ICE white sugar #5 (SWV26 ) closed up +15.30 (+3.37%). Sugar...
Barchart · Fri Jul 17, 1:22PM CDT
September ICE NY cocoa (CCU26 ) on Friday closed up +171 (+3.19%), and September ICE London cocoa #7 (CAU26 ) closed up +118 (+2.97%). Cocoa prices settled...
Barchart · Fri Jul 17, 1:21PM CDT
September arabica coffee (KCU26 ) on Friday closed up +7.70 (+2.46%), and September ICE robusta coffee (RMU26 ) closed up +80 (+2.11%). Coffee prices settled...
Barchart · Fri Jul 17, 12:00PM CDT
Cotton futures are pulling off the early Friday losses with contracts down 11 to 40 points across most contracts at midday. Crude oil is up another $3.07...
Barchart · Fri Jul 17, 11:26AM CDT
October NY world sugar #11 (SBV26 ) today is up +0.47 (+3.25%), and October London ICE white sugar #5 (SWV26 ) is up +16.70 (+3.67%). Sugar prices are...
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Barchart · Fri Jul 17, 3:55PM CDT
The wheat complex was in rally mode to close out the week, finishing higher in all three exchanges. Chicago SRW contracts were 4 ¾ to 9 ½ cents higher...
Barchart · Fri Jul 17, 3:55PM CDT
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil...
Barchart · Fri Jul 17, 3:55PM CDT
Lean hog futures posted mostly higher trad on Friday, with contracts up 25 cents to $1.37 at the close. August was up $2.65 this week. USDA’s national...
Barchart · Fri Jul 17, 3:55PM CDT
Soybeans rebounded from the Thursday losses to close Friday with a late push higher, up 4 ½ to 9 ½ cents. August was 12 ¾ cents in the green on the...
Barchart · Fri Jul 17, 3:55PM CDT
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5...
Barchart · Fri Jul 17, 3:55PM CDT
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240...