Cotton futures reverted from the early weakness on Wednesday to post gains of 1 to 14 points at the close, with a couple early ’25 contracts slightly lower. The outside markets were adding more pressure today, as the US dollar index continues to rally, up another 445 points, with crude oil futures 13 cents lower higher.

The Seam reported 438 bales of online sales on November 12 at an average price of 63.28 cents/lb. ICE cotton stocks were unchanged on Tuesday, leaving 174 bales of certified stocks. The Cotlook A Index was down 100 points on 11/12 at 82.25 cents/lb. The USDA Adjusted World Price (AWP) was down another 58 points last week to 57.96 cents/lb.

Mar 25 Cotton  closed at 71.1, up 3 points,

May 25 Cotton  closed at 72.38, down 2 points,

Jul 25 Cotton  closed at 73.57, down 8 points