Cotton futures continued to rise on Friday, with most contracts gaining an additional 116 to 150 points by midday. As of that time, May 2026 cotton is valued at 79.86 cents per pound, July 2026 at 83.64 cents (up 144 points), and December 2026 at 84.03 cents (up 116 points).
The latest data shows U.S. export commitments at 10.691 million running bales, which is 2% lower than last year and represents 95% of the USDA export projection, lagging behind the 102% five-year average sales pace. Meanwhile, ICE certified cotton stocks increased by 1,585 bales to a total of 167,266 bales.
Additionally, crude oil prices fell by $3.45, settling at $101.62, while the U.S. dollar index decreased to $97.915. The Cotlook A Index dropped 50 points to 89.05 cents as of April 30.
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