Cotton futures increased on Tuesday, April 26, with contracts rising between 1 to 14 points. The US dollar index rose by $0.162 to reach $98.480, while crude oil prices surged by $3.26 to $99.63.
As of April 26, the National Agricultural Statistics Service (NASS) reported that 16% of the US cotton crop was planted, surpassing the 5-year average of 13%. Texas led the planting efforts at 20%, while Georgia, Louisiana, South Carolina, and Virginia lagged behind with decreases of up to 13%.
On April 27, The Seam reported the sale of 2,800 bales at an average of 73.91 cents per pound. The Cotlook A Index remained unchanged at 89.35 cents, and ICE certified cotton stocks stood steady at 165,681 bales. The Adjusted World Price rose by 365 points to 65.26 cents per pound. May, July, and December 2026 cotton futures closed at 77.34, 79.67, and 81.11 cents respectively.
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