Alan Brugler

Cotton Faces Pressure on Thursday
BarchartThu May 8, 5:14PM CDT
Cotton futures closed Thursday with 49 to 69 point losses. Crude oil prices were back up $2.33/barrel. The US dollar index was up $1.05 to $100.485. USDA’s Export Sales report showed a total of 65,764 RB of 2024/25 cotton sold in the week ending on May 1, with 37,376 RB...

Cotton Falling Lower on Thursday
BarchartThu May 8, 12:13PM CDT
Cotton futures are trading with 65 to 96 point losses so far on Thursday’s midday. Crude oil prices are back up $1.88/barrels. The US dollar index is up $0.975 to $100.410. USDA’s Export Sales report showed a total of 65,764 RB of 2024/25 cotton sold in the week ending on...

Cotton Sneaking Out Gains on Thursday Morning
BarchartThu May 8, 7:30AM CDT
Cotton price action is showing 5 to 20 point gains early on Thursday. futures closed the Wednesday session with contracts down 24 to 45 points as May rolled off the board at the close. Crude oil prices were back down $1.14/barrel. The US dollar index was up $0.678 to $99.725....

Cotton Closes Weaker on Wednesday
BarchartWed May 7, 5:18PM CDT
Cotton futures closed the Wednesday session with contracts down 24 to 45 points as May rolled off the board at the close. Crude oil prices back down $1.14/barrels. The US dollar index is up $0.678 to $99.725. Later on Tuesday, China and the US agreed to a meeting in Geneva,...

Cotton Back to Weakness on Wednesday
BarchartWed May 7, 12:22PM CDT
Cotton futures are showing midday weakness, with contracts down 32 to 50 points in most contracts as May is rolling off the board at the close. Crude oil prices back down 60 cents/barrels. The US dollar index is up $0.273 to $99.320. Later on Tuesday, China and the US agreed...

Cotton Bouncing Higher on Wednesday AM Trade
BarchartWed May 7, 7:32AM CDT
Cotton price action showing some strength on Wednesday morning, with gains of 50 to 65 points. May expires today. Futures saw losses of 40 to 60 points across the front months on Tuesday. Crude oil prices are rallying back, up $1.96/barrel. The US dollar index was down $0.570 to $99.070....

Cotton Falls Back Lower on Tuesday
BarchartTue May 6, 5:07PM CDT
Cotton futures saw losses of 40 to 60 points across the front months on Tuesday. May expires on Wednesday. Crude oil prices are rallying back, up $1.96/barrel. The US dollar index was down $0.570 to $99.070. Crop Progress data showed 21% of the US cotton crop planted as of 5/4,...

Cotton Lower at Midday
BarchartTue May 6, 12:30PM CDT
Cotton futures are showing losses of 50 to 60 points so far on Tuesday, with most contracts lower. May expires on Wednesday. Crude oil prices are rallying back, up $2.11/barrel. The US dollar index was down $0.570 to $99.070. Crop Progress data showed 21% of the US cotton crop planted...

Cotton Pushing Back Lower on Tuesday Morning
BarchartTue May 6, 7:33AM CDT
Cotton price action is showing 20 to 30 point weakness early on Tuesday. Futures closed out Monday with contracts steady to 30 points higher. Crude oil prices were under pressure, down $1.05 as OPEC+ announced another 411,000 barrel per day increase in June. The US dollar index was down $0.240...

Cotton Holds Higher on Monday
BarchartMon May 5, 5:09PM CDT
Cotton futures closed out Monday with contracts steady to 30 points higher. Crude oil prices were under pressure, down $1.05 as OPEC+ announce another 411,000 barrel per day increase in June. The US dollar index was down $0.240 to $99.600. Crop Progress data showed 21% of the US cotton crop...

Cotton Mixed at Midday
BarchartMon May 5, 12:16PM CDT
Cotton futures are mixed so far on Monday’s midday, with contracts up 17 points to down 8. Crude oil prices are under pressure, down $1.30 as OPEC+ announce another 411,000 barrel per day increase in June. The US dollar index is down $0.100 to $99.740 Commitment of Traders data from...

Cotton Mixed on Monday Morning
BarchartMon May 5, 7:42AM CDT
Cotton price action is mixed early on Monday, with July down 8 points and other contracts up 5 to 8 points. Futures were in rally mode on Friday, with contracts up 228 to 275 points and nearing the 3 cent limit. In delivery May (where no limits apply), was up...

Cotton Rallies into the Weekend
BarchartFri May 2, 5:14PM CDT
Cotton futures were in rally mode on Friday, with contracts up 228 to 275 points and nearing the 3 cent limit. In delivery May (where no limits apply), was up 457 points on the session. The rally back on Friday limited to the weekly losses for July to just 39...

Cotton Futures Buoyant Ahead of Friday Close
BarchartFri May 2, 11:46AM CDT
Cotton prices are extending early Friday morning gains into midday, up 112 to 243 points. Nearby July is the bull leader for the session. Futures closed the Thursday session with contracts 16 to 36 points lower. A strong US jobs number this morning (with unemployment UNCH at 4.2%) is supporting...

Cotton Bouncing Back on Friday Morning
BarchartFri May 2, 7:31AM CDT
Cotton prices are trading with gains of 66 to 87 points across the front months early on Friday. Futures closed the Thursday session with contracts 16 to 36 points lower. The outside markets were mixed factors, with crude oil futures up $0.77/barrel and the US dollar index $0.715 higher to...