Cotton futures posted mixed action on Monday, with contracts down 3 to 8 points higher. Crude oil futures were back down 37 cents per barrel to $59. 72 on Monday, with the US dollar index $0. 251 higher to $99. 450. The Thursday online auction from The Seam showed 416 bales sold with an average price of 63. 51 cents/lb. The Cotlook A Index was down another 25 points on 11/14 at 74. 70 cents. ICE certified cotton stocks were unchanged on November 14 with the certified stocks level at 19, 244 bales. The Adjusted World Price was reported last week at 51. 83 cents/lb. It is good through this Thursday. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Dec 25 Cotton closed at 62. 46, down 3 points, Mar 26 Cotton closed at 64. 21, up 8 points, May 26 Cotton closed at 65. 37, up 2 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. More news from Barchart Have Corn, Soybeans, and Winter Wheat Already Topped? What to Watch in the Week Ahead. How Much Higher Will Wheat Prices Go Here? Can Soybean Prices Continue to Rebound? Dear Grain and Cotton Traders, Mark Your Calendars for November 14 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/cotton-closes-mixed-monday-0
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