Cotton #2 Jul '21 (CTN21)
Cotton #2 Futures Market News and Commentary
Cotton futures are trading with midday gains of 7 to 15 points on Tuesday, shrugging off early weakness. Crude oil is down another $4.10 per barrel, with the US dollar index down 0.224.
Weekly Crop Progress data showed 81% of the US cotton crop squared as of Sunday, now steady with normal. The crop was also 45% setting bolls, matching the 5-year average pace. Condition ratings were pegged at 46% good/excellent, up 1 percentage point on the week. The Brugler500 index was up 4 points to 336. Ratings in TX were up 10 points, with GA steady. Just LA, OK, TN, and VA were reported with deteriorating conditions.
The Cotlook A Index was down 125 points Monday at 89.10 cents. ICE certified cotton stocks were down 3,536 bales on July 27, with the certified stocks level at 90,699 bales. The Adjusted World Price was trimmed by 155 points last week to 63.82 cents/lb. It is good through Thursday.
Oct 26 Cotton  is at 79.47, up 13 points,
Dec 26 Cotton  is at 80.98, up 10 p... Read more
Barchart · Tue Jul 28, 1:33PM CDT
October NY world sugar #11 (SBV26 ) on Tuesday closed down -0.03 (-0.21%), and October London ICE white sugar #5 (SWV26 ) closed down -1.60 (-0.35%). Sugar...
Barchart · Tue Jul 28, 1:32PM CDT
September ICE NY cocoa (CCU26 ) on Tuesday closed up +101 (+1.98%), and September ICE London cocoa #7 (CAU26 ) closed up +69 (+1.80%). Cocoa prices recovered...
Barchart · Tue Jul 28, 1:31PM CDT
September arabica coffee (KCU26 ) on Tuesday closed up +14.85 (+4.58%), and September ICE robusta coffee (RMU26 ) closed up +78 (+2.05%). Coffee prices...
Barchart · Tue Jul 28, 12:11PM CDT
Cotton futures are trading with midday gains of 7 to 15 points on Tuesday, shrugging off early weakness. Crude oil is down another $4.10 per barrel, with...
Barchart · Tue Jul 28, 11:25AM CDT
October NY world sugar #11 (SBV26 ) today is down -0.03 (-0.21%), and October London ICE white sugar #5 (SWV26 ) is down -2.10 (-0.46%). Sugar prices are...
Barchart · Tue Jul 28, 11:11AM CDT
September ICE NY cocoa (CCU26 ) today is up +107 (+2.10%), and September ICE London cocoa #7 (CAU26 ) is up +79 (+2.06%). Cocoa prices rebounded from 3.5-week...
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