Cotton #2 Futures PricesTue, May 26th, 2015
Latest Brugler Cotton #2 Report
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Cotton futures are trading 15 to 27 cents higher so far on the session. A strong dollar and weak crude oil were bearish inputs on the first day back from a long weekend, but cotton futures held on for minimal losses on Tuesday. The Cotlook A Index is at 71.25, down -0.60. The US Crop Progress report showed cotton planting progress slipping further behind normal with 47% of the crop planted as of Sunday night vs. the 5year avg of 61% for this date, and 60% for this date a year ago.
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