Cotton futures are holding mostly steady on Friday after early gains, with contracts down 7 points to 10 points higher, and October up 56 points. Crude oil is down 5 cents with the US dollar index $0.073 higher.
Export Sales data from Thursday now has the 2026/27 cotton export commitments at 4.235 million RB, which is 31% above last year. That is also 37% of the USDA export projection and lags the 43% averages sales pace but is ahead of the 29% pace from last year.
The Cotlook A Index was back up 300 points on August 20 at 98.90 cents. ICE certified cotton stocks were steady on Thursday, with the certified stocks level at 70,643 bales. The Seam reported just 55 bales sold in the 8/20 auction at 81.6 cents/lb. The Adjusted World Price was raised by 143 points on Thursday to 69.62 cents/lb.
Oct 26 Cotton is at 87.58, up 56 points,
Dec 26 Cotton is at 88.27, down 7 points,
Mar 27 Cotton is at 90.09, up 1 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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