Source: www.barchart.com

Austin Schroeder - Barchart - Mon May 19, 5:22PM CDT

Mon May 19, 

Cotton futures closed out the Monday session with contracts 65 to 75 points higher. Crude oil prices were up $0.21/barrel. The US dollar index was back down $0.726 to $100.220.

NASS pegged the US cotton crop at 40% planted as of Sunday, slightly behind the 5-year average at 43%. 

The Seam reported 707 bales sold on 5/16 at an average price of 56.15 cents. The Cotlook A Index was unchanged on Friday at 77.25. ICE cotton stocks were steady on May 16, with a certified stocks level of 34,153 bales. USDA’s Adjusted World Price (AWP) was back down 91 points on Thursday to 53.90 cents/lb.

Jul 25 Cotton  closed at 65.64, up 75 points,

Oct 25 Cotton  closed at 68.32, up 74 points,

Dec 25 Cotton  closed at 68.34, up 67 points.