Cotton #2 May '23 (CTK23)
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
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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...
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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...
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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,...
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