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ICE futures trading lower, with December at 61.36 cts (-36) at 1500 GMT
Cotton futures opened lower today, amid a light volume. Nearby deliveries remained in a narrow price range during the early trading hours. Buyers soon entered the market, taking futures higher.…
Isolated thunderstorms forecast from West Texas to the Southeast
Light to moderate rain fell on the Texas High and Rolling Plains overnight, and stormy conditions are possible today. Mostly sunny, warm weather is forecast this weekend and into next week, which…
Sales on The Seam decreased
Transactions on the grower-to-business exchange rose to 1,984 bales, compared with 1,950 that traded yesterday. An average price of 54.44 cents per lb was paid, down from the 55.42 cents the previous…
ICE futures settle modestly lower today, with December ending at 61.72 cts (-33)
Nearby futures traded on both sides of the market today, as technicals influenced trading. The December contract opened on positive ground and remained within a narrow price range during the early…
Moderate to heavy rains reported in West Texas
Thunderstorms moved across West Texas late Precipitation amounts of between 0.25’’ and 2.0’’ were recorded, with heaviest amounts falling on the High Plains. Rainy conditions persist today,…
December futures unchanged at 1500 GMT
ICE futures opened higher and traded within a narrow price range for several hours before slipping lower. The December contract dropped to its lowest level since October 5. Support at the bottom…
Sales increased on The Seam
Sales on the Grower-to-Business side of The Seam amounted to 1,950 bales, up from the 874 that traded yesterday. An average price of 55.42 cents/lb was paid, against 51.73 cts yesterday. The…
December futures ended virtually unchanged at 62.05 cts/lb (-3)
Nearby cotton futures opened lower and traded on a positive note for most of the day. Selling late in the session, however, drove prices downward before finding light support. The December contract…
Storms forecast for parts of Texas
Stormy weather moved through parts of southwestern Texas late yesterday, producing hail, rain and wind. Bolls were open on most of the crop, and harvest aids had been applied. Picking had begun,…
ICE cotton futures trading on positive ground
The December contract opened marginally lower and briefly touched its low of 61.94 cts/lb before moving back to positive ground. Nearby contracts continue to trade within a narrow price range, with…