The cotton market is following up overnight trade, with 51 to 136 point losses on Tuesday morning. They posted Monday gains of 8 to 50 points. The outside market factors were helpful, with gains of 94 cents in oil and the dollar index down 7 points. 

Crop Progress data from Monday afternoon indicated that 33% of the US cotton crop was planted as of Sunday May 12. That was a 9% move on the wee, but slowed the lead over the 5-year average pace to 2%.

The Seam reported 107 bales sold on Thursday at an average price of 64.58 cents/lb. ICE certified cotton stocks were down 176 on decertification on May 10 at 166,311 bales. The Cotlook A Index was back down 150 points on May 10 at 86.40 cents/lb. The AWP dropped another 91 points to 59.64 last Thursday and is good through this week.

Jul 24 Cotton  closed at 77.63, up 32 points, currently down 136 points

Oct 24 Cotton  closed at 77.06, up 32 points, currently down 60 points

Mar 25 Cotton  closed at 77.12, up 39 points, currently down 64 points