Cotton futures are trading with 75 to 80 point losses on Friday at midday.  The outside factors should be supportive, as the US dollar index is down 334 points, with crude oil $1.18/barrel higher. 

USDA reported 128,866 RB of cotton sold in the week that ended on 12/26, a 12-week low for 2024/25 bookings. Turkey was the buyer of 41,300 RB, with 30,000 RB sold to Pakistan. Shipments were tallied at 115,813 RB, the lowest in 7 weeks. Vietnam was the destined for 33,800 RB, with 25,300 RB to Pakistan.

The Seam reported 10,249 bales of online sales on January 2 at an average price of 60.01 cents/lb.  ICE cotton stocks were unchanged on Thursday, at 20,113 bales of certified stocks. The Cotlook A Index was steady on 1/2 at 78.90 cents/lb. The USDA announced the cotton marketing assistance loan rate for 2025 is 52 cents. The USDA Adjusted World Price (AWP) was released late on Thursday, up 48 points from the previous week at 55.03 cents/lb.

Mar 25 Cotton  is at 67.81, down 76 points,

May 25 Cotton  is at 68.98, down 75 points,

Jul 25 Cotton  is at 69.99, down 76 points