Cotton Slips Lower on Thursday, as USDA’s Stocks Estimate Rises
Cotton futures closed with losses of 16 to 31 points across most contracts on Thursday. Crude oil futures fell back lower on Thursday, down $2.06/barrel. The US dollar index was falling, with losses of $1.888 so far on the day to $100.735. USDA reported a 100,000 bale increase to the…