Cotton prices dropped 50 to 64 points on Tuesday morning, with futures mixed at the week’s onset. As of Sunday, 60% of the U.S. cotton crop was squared, which is 1% ahead of the normal pace, while 22% had begun setting bolls, matching the five-year average. Crop condition ratings fell to 44% good/excellent, down 2 percentage points from the previous week.
In related data, the Seam reported the sale of 131 bales at an average price of 76 cents. The Cotlook A Index remained unchanged at 89.75 cents, and ICE certified cotton stocks decreased by 31,480 bales, leaving a total of 127,127 bales. The Adjusted World Price increased by 92 points to 62.86 cents per pound. Futures for October 2026 cotton closed at 79.83, down 9 points.
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