Cotton prices are down 1 to 31 points so far on the midday part of the Wednesday session.  The outside factors are having a pressure impact. Crude oil futures are down 30 cents/barrel, with the US dollar index back up $0.087 on the day.
The Seam showed 3,282 bales in online sales on February 25, with an average price of 62.14 cents/lb. The Cotlook A Index was back up 60 points on 2/24 at 78.50 cents/lb. ICE cotton stocks were unchanged again on Tuesday at 1,732 bales of certified stocks. The USDA raised their Adjusted World Price (AWP) last week by 68 points to 54.67 cents/lb. It will be updated again on Thursday afternoon.
Mar 25 Cotton  is at 65.95, down 1 point,
May 25 Cotton  is at 67.06, down 31 points,
Jul 25 Cotton  is at 68.02, down 28 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.
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