Cotton futures are trading with contracts 40 to 45 points lower at midday. Crude oil futures are down 31 cents/barrel to $60.73, with the US dollar index back up $0.313 to $100.020.
The November 3 online auction from The Seam showed 5,296 bales sold with an average price of 62.44 cents/lb. The Cotlook A Index was up 40 points on Friday at 76.85 cents. ICE certified cotton stocks were steady on 11/3 with the certified stocks level at 13,749 bales.
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Dec 25 Cotton is at 65.27, down 41 points,
Mar 26 Cotton is at 66.44, down 44 points,
May 26 Cotton is at 67.59, down 43 points
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