Cotton Fades Lower on Thursday

Cotton futures were under pressure late, despite supportive outside markets, as contracts were down 24 to 60 points. Crude oil was up $2.46 per barrel on the session, with the US dollar index $0.562 lower.

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Dollar Retreats with Bond Yields

The dollar index (DXY00 ) fell to a 1-week low today and is down by -0.48%. The dollar is sliding today on weakness in T-note yields after the 10-year T-note yield dropped to a 3-week low of 5.046%, weakening the dollar…

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Soybean Weakness Continuing on Thursday

Soybeans are trading with contracts down 5 to 6 cents in the nearbys. Futures faded the early/overnight gains and Chinese business on Wednesday, with contracts down 6 ½ to 8 ¾ cents at the close. Open interest was down …

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