Dull unsettled cotton market with varied futures
New York cotton traders reported a mostly unsettled session with a net decline of 6 to 10 points as near term and new crop months moved differently. Receipts for the day totaled about 4,448 bales, with weekly totals around 30,000, while New Orleans and Houston saw limited activity and prices showed only minor changes amid ongoing weather and pest concerns across the belt.
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Wheat market strength amid drought hit Kansas and Nebraska
Chicago dispatch notes continued drought in Kansas and Nebraska boosted wheat, with July futures up and prices near higher levels at Liverpool. Reports of crop damage from the southeast and weaker rain fueled the rally, while large selling by locals kept offerings steady and late-session liquidity eased prices. Exports for the week reached 2.93 million bushels. primary receipts were 34 million bushels, with Minneapolis, Duluth and Chicago reporting varied arrivals.
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Chicago
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Nebraske
Lide. Com
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Anges
Diradstreet
Minneapolis
Duluth
Shorts and
Commission Houses
Intercat
Cain Dt
Commodities Mixed as Markets Open Bullish. Cotton Outlook Cautious
Market reports show stocks and bonds edging higher at the open with limited volume. Wheat gains seen on drought fears in Nebraska and Kansas, while corn futures rise on weather prospects. cotton remains uncertain amid mixed signals and looming seasonal demand. Foreign exchange in London and Paris shows varied movement as traders eye monthly summaries.
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