Cotton futures rose sharply on Tuesday, with contracts closing up 40 to 80 points. The October 2025 cotton contract closed at 67.21, up 80 points; December 2025 at 68.59, up 47 points; and March 2026 at 69.84, up 44 points.
USDA’s Weekly Crop Progress report indicated a 2% increase in cotton crop condition ratings, now at 54% good/excellent. Texas ratings improved by 5 points, while Georgia saw a decline of 13 points. Additionally, ICE cotton stocks decreased by 275 bales as of July 14, totaling 34,234 bales.
Crude oil prices fell to $66.72 per barrel, down $0.26, while the US dollar index rose by $0.572 to 98.335. The Cotlook A Index also saw a decrease, down 15 points at 78.05.
