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DTN Closing Cotton 10/23 13:44
Cotton Joins the Gang
On a day when the outside row crop markets punched higher, the cotton market
also followed suit.
Keith Brown
DTN Contributing Cotton Analyst
On a day when the outside row crop markets punched higher, the cotton market
also followed suit. There seemed to be a bit of optimism in the air as U.S.
trade representatives are gathering with their Chinese counterparts this
weekend, as well as the long-awaited meeting between Trump and Xi likely next
weekend. In addition, the big jump in energy prices underpinned some strength
in commodities.
The U.S. dollar was slightly higher today as traders await the delayed
release of new CPI (consumer inflation data) on Friday. The inflation report is
being released despite the shutdown to assist the U.S. Social Security
Administration with its annual cost-of-living adjustment for 2026.
The 6- to 10-day weather outlook (Oct. 28-Nov. 1) calls for above-normal
temperatures, normal readings for the Delta, and below-normal numbers for the
Southeast. Rain-wise, Texas looks to have below-normal chances, while the Delta
and the Southeast will see slightly above-normal opportunities.
For Thursday, December 2025 ended at 64.07 cents, up 33 points, while March
2026 closed at 65.67 cents, plus 26 points. Thursday's estimated volume was
28,169 contracts.
Keith Brown can be reached at commodityconsults@gmail.com
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