Cotton futures are trading with Thursday gains of the 3 cent limit in July, with in delivery May up 552 points. The US dollar index is down $0.782 at $98.040. Crude oil is back down $2.75 to $104.13.
USDA’s Export Sales report from Thursday morning showed 162,879 RB of cotton sold for 2025/26 in the week of 4/23. That was a 3-week high and 56.61% above the same week last year. There was also 105,747 RB in new crop sales in that week. That was the 4th largest 2026/27 total for the marketing year. Shipments were tallied at 384,608 RB, which was a 5-week high.
The Seam showed 1,524 bales sold on April 29 at an average of 76.04 cents/lb. The Cotlook A Index was steady on Wednesday at 89.55 cents. ICE certified cotton stocks were unchanged on 4/29, with the certified stocks level at 165,681 bales. The Adjusted World Price was up another 365 points on Thursday afternoon to 65.26 cents/lb.
May 26 Cotton is at 82.38, up 552 points,
Jul 26 Cotton is at 82.2, up 300 points,
Dec 26 Cotton is at 82.51, up 205 points
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.