Cotton Holding Gains at Wednesday’s Midday

Cotton field by Jim Black via Pixabay

Cotton futures are trading with 40 to 50 point gains at Wednesday’s midday. Crude oil is up $1.60/barrel, with the US dollar index $0.37 lower.

Earlier today, President Trump announced a trade deal with Vietnam, stating the country is charging no tariffs on US goods. Nearly 24.8% of all US cotton export commitments for 2024/25 have been for Vietnam. 

The Seam reported 97 bales sold in the Tuesday online auction at an average price of 64 cents. The Cotlook A Index was back down 125 points on 7/1 at 78.90. ICE cotton stocks were down 195 on July 1 via decertification, with a certified stocks level of 40,488 bales. USDA’s Adjusted World Price (AWP) was up 15 points last Thursday at 54.18 cents/lb. It will be updated tomorrow.

Jul 25 Cotton  is at 66.28, unch

Oct 25 Cotton  is at 68.15, up 47 points,

Dec 25 Cotton  is at 68.51, up 48 points


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.