Market Overview

Cotton Futures Little Lower

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December New York Cotton is trading at 70.93, down 0.26 cents/lb.

March New York Cotton is trading at 71.30, down 0.19 cents/lb.

Cotton futures are trading a little lower.

The weekly cotton crop harvest report showed 30 percent of the U.S. cotton crop was harvested versus 22 percent a week ago and 28 percent a year ago. The ten year average at this time of year is 30 percent.

The weekly cotton crop condition report showed 47 percent of the U.S. cotton crop was rated good to excellent versus 48 percent a week ago and 46 percent a year ago. The ten year average at this time of year is 45 percent.

Posted-In: cotton futuresFutures Commodities Markets

 

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