Cotton Retreat Lower on Wednesday

Austin Schroeder Barchart Wed Aug 13, 5:16PM CDT
Green cotton boll via shutterstock

Cotton futures closed out the Wednesday session with contracts 52 to 66 in the red, as futures reverted lower from the USDA led rally on Tuesday. The US dollar index was back down $0.302 to $97.625, as crude oil futures were down another 45 cents.

The Seam reported 1,066 bales sold on the Tuesday online auction at an average price of 60.98 cents/lb. The Cotlook A Index was back up 20 points at 78.20 cents on August 12. ICE cotton stocks were steady on 8/11, with the certified stocks level at 18,242 bales. USDA’s Adjusted World Price (AWP) was down 13 points on last week at 54.39 cents/lb. It will be updated on Thursday

Oct 25 Cotton  closed at 66.41, down 66 points,

Dec 25 Cotton  closed at 67.73, down 66 points,

Mar 26 Cotton  closed at 69.32, down 52 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.