Cotton Prices Climb Amid Strong Market Momentum

Cotton futures delivered gains of 250–270 points in front-month contracts during Wednesday’s trading session. The rally was supported by a 70‑cent increase in crude oil to $76.75, while the U.S. dollar index edged up by 0.18 points to 99.46.

In agricultural outlook, Western Texas and the panhandle are forecast to experience drier weather over the coming week. Meanwhile, the eastern half of the state and Georgia are projected to receive heavy rainfall, potentially delivering double‑digit totals in some Gulf Coast areas.

Recent market activity shows just 396 bales traded on June 16, with an average sale price of 67 cents per pound. On June 15, the Cotton Look‑Ahead Index moved up 45 points to 85.50 cents. Certified cotton inventories held steady at 192,699 bales, and the adjusted world price fell by 194 points to 61.26 cents per pound last week.

Futures prices for upcoming delivery months remain positive: July 26 cotton is at 77.70, up 269 points; December 26 cotton is at 80.33, up 258 points; and March 27 cotton is at 81.57, up 251 points.

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