
US cotton futures ended slightly lower, even though USDA figures showed US production falling to 13.175 million bales and ending stocks at 3.7 million bales. A stronger US dollar and weaker crude oil were cited as limiting buying interest.
Lower projected US production and stocks are supportive for cotton availability and prices, but the weaker futures close shows that external market pressure offset that support. The article does not identify a direct feed-commodity price impact.
After 53 past bullish report events, US Dollar (Broad) moved a median +0.1% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.5% over 20.
After 171 past bearish report events, Crude Oil (WTI) moved a median -1.5% over 5 sessions (37% higher; middle half -4.8% to +1.9%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.