Spot cotton quotations for base quality rose 171 points week-over-week to a seven-market average of 75.07 cents per pound, while ICE December futures settled at 78.67 cents. Harvest was largely complete across the Mid-South and Texas, with yield estimates falling in Kansas and Oklahoma and exports totaling 171,400 running bales for the week.
Light mill demand and slipping Southwest yields leave cotton prices range-bound, with cottonseed and meal supply tied to the crop size. Stronger export demand would support prices.
Not enough comparable past events yet for a historical read.
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.