Cotton futures closed the day with most contracts 11 to 30 points lower. The US dollar is was 686 points lower on the session, but provided little assistance to commodity prices overall. The USDA reported the cotton harvest in TX 55% complete, slightly ahead of the average, with GA 4% above the average at 69%. Online cash sales reported by The Seam were up to 12,421 bales, as prices rose 37 points to 68.61 cents/lb. The Cotlook A index for November 13 was 55 points lower to 79.90 cents/lb.

Dec 17 Cotton closed at 68.600, down 28 points,

Mar 18 Cotton closed at 68.650, down 28 points

Jul 18 Cotton closed at 70.160, down 26 points

Market Commentary provided by:

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