Cotton Ends the Week on Friday with Modest Losses
Cotton Market Weekly Overview
On Friday, cotton futures ended the session mostly unchanged, with some contracts slipping by up to 5 points. Over the course of the week, the March contract gained 40 points. Meanwhile, crude oil prices climbed $1.02 to reach $58.78 per barrel, and the US dollar index advanced by $0.212 to close at 98.900.
According to the USDA's latest Export Sales report, upland cotton export commitments have reached 6.598 million running bales, marking a 15% decrease compared to the same period last year. These commitments represent 57% of the USDA's annual export projection, which is below the typical pace of 77%. Actual shipments stand at 2.986 million running bales, accounting for 26% of the USDA's target, also trailing the average pace of 30%.
Recent Cotton Futures Settlements
- March 2026 Cotton closed at 64.41, down 5 points
- May 2026 Cotton settled at 65.91, down 2 points
- July 2026 Cotton finished at 67.31, unchanged
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Akamai Shares Drop 1.92% as Company Invests $200M in AI, Ranking 495th in Trading Volume
Trending news
MoreTyler Technologies Stock Drops 0.62% with 47.33% Surge in Trading Volume to $280M, Placing 498th as Q4 Earnings Disappoint Despite All-Time Highs in SaaS and Free Cash Flow
Teck Resources Drops 3.66% as It Ranks 492nd in NYSE Trading Volume, with Institutional Purchases and Diverging Analyst Opinions Influencing Market Sentiment
