Cotton Futures Experience Declines Amid Economic Pressures

Market Overview: Cotton Struggles as Dollar Strengthens

Cotton futures faced a setback on Turnaround Tuesday, with losses ranging from 7 to 21 points. Factors from outside the cotton market are contributing to this decline, as the US dollar index increased by 285 points, while crude oil futures dropped by $0.55 per barrel.

Harvest Progress Update

The final NASS Crop Progress report for the year revealed that the US cotton harvest is now 84% complete. This performance surpasses the 80% average based on a five-year comparison.

Sales and Market Prices

On November 25, The Seam reported 10,173 bales of online cotton sales, achieving an average price of 69.11 cents per pound. Meanwhile, ICE cotton stocks remained steady, holding at 13,274 bales of certified stocks. The Cotlook A Index rose by 15 points on 11/25, now sitting at 81.10 cents per pound. However, the USDA Adjusted World Price (AWP) saw a decline of 229 points last Thursday, adjusting to 55.91 cents per pound.

Current Cotton Futures Prices

As of today, March 2025 cotton is trading at 71.51 cents, a decrease of 21 points, while May 2025 cotton is at 72.63 cents, down 9 points. July 2025 cotton has dipped to 73.61 cents, down 7 points.

On the date of publication, Austin Schroeder did not hold positions in any of the securities mentioned in this article. All information and data provided are for informational purposes only. For more details, please consult the Barchart Disclosure Policy here.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.