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DTN Closing Cotton 06/27 13:35
Cotton Ends Higher
The cotton market posted its fifth consecutive higher closing Friday, as
traders positioned themselves for Monday acres report, end-of-the-month and
end-of-the-quarter squaring.
Keith Brown
DTN Contributing Cotton Analyst
The cotton market posted its fifth consecutive higher closing Friday, as
traders positioned themselves for Monday acres report, end-of-the-month and
end-of-the-quarter squaring.
This afternoon at 3:30 p.m. EDT, the CFTC will update its weekly Commitment
of Traders numbers. Last week, the managed-money funds had bought in some 1,800
positions, thereby reducing their net short carry to some 53,000 contracts.
On Monday, June 30, USDA will issue its Planted Acres report for 2025. The
industry's current average estimate for 2025 acres is 9.735 million acres, with
a range of expectations from 8.800 to 9.985 million acres. This would be down
1.3% from the March intentions, which were 9.87 million acres.
Also on Monday, USDA will publish its latest crop progress and condition
numbers. Last week, the 2025 crop was 85% planted and was rated at 47% good to
excellent. That report is out at 4 p.m. EDT.
For the week, December cotton was up 262 points.
For Friday, December 2025 finished at 69.32 cents, plus 52 points; while
March 2026 closed at 70.60 cents, up 48 points. Friday's estimated volume was
35,926 contracts.
Keith Brown can be reached at commodityconsults@gmail.com
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