Cotton Falling Back into the Long Weekend

Cotton prices fell back Thursday, down 70 to 81 points in front-month trading, as the market also watched a softer crude oil and dollar backdrop. Crude oil was down 40 cents per barrel to $68.18, and the U.S. dollar index slipped by $0.586 to 100.570. Trading activity also reflected the upcoming July 4 Independence Day holiday, with a 3-day weekend ahead and a normal open expected Sunday night. USDA’s Export Sales report showed 49,001 RB of cotton sold for 2025/26 in the week of 6/25, the lowest in 7 weeks but still 79.22% higher than the same week last year. New crop sales totaled 44,117 RB, also a 7-week low, while shipments were 218,753 RB, an 18-week low but up 18.55% year over year. ICE certified cotton stocks stayed unchanged at 185,034 bales. Jul 26 cotton was quoted at 73.28.