Cotton futures increased by 50 to 91 points on Monday morning, after contracts closed lower by 151 to 333 points in the previous Friday session. July cotton was down by 412 points last week, and December fell by 355 points. The U.S. dollar index rose $0.467 to $99.195, while crude oil gained $4.49 to reach $105.66.
The White House released a fact sheet on Sunday about recent U.S.-China talks, stating that “China will purchase at least $17 billion per year of U.S. agricultural products in 2026 (prorated), 2027, and 2028, in addition to the soybean purchase commitments that it made in October 2025.”
CFTC data showed managed money added another 8,386 contracts of cotton futures and options to their net long position for the week ending May 12, bringing the total net long position to 59,570 contracts.
According to USDA’s Export Sales report from Thursday, U.S. export business now stands at 10.863 million running bales—97% of the USDA forecast—which is behind the average sales pace of past years at this point in the season; export shipments are also trailing at only 71% of forecast compared with a typical pace of about 73%.
On May 14, The Seam reported sales of just six bales at an average price of sixty cents per pound. The Cotlook A Index increased fifty points on Thursday to reach ninety-six point sixty-five cents per pound. ICE certified cotton stocks were up by six thousand six hundred seventy bales as of May fourteen with certified stocks totaling one hundred ninety-three thousand one hundred fourteen bales; meanwhile, the Adjusted World Price climbed two hundred twenty-eight points on Thursday reaching seventy-one point eighty-seven cents per pound.
As for specific contract movements: July twenty-six cotton closed at eighty point sixty-one (down three hundred thirty-three points) but was currently up ninety-one points; December twenty-six closed at eighty-one point eighty-nine (down two hundred fifty-nine) but was currently up fifty-three; March twenty-seven closed at eighty-two point fifty-three (down two hundred fifty-three) but was currently up forty-nine.
Sowega Cotton Gin operates as a producer-owned company and offers ginning services along with secure warehousing support for producers across facilities in southwestern Georgia and southeastern Alabama according to the official website. The facility includes a Lummus gin situated on a sixty-five-acre site with warehouses available onsite for storage needs.
