Quiet Early Trade in Cotton Tuesday
Trade in cotton futures is quiet early Tuesday, with the market taking its cues from outside sources. The July contract is 0.22 higher with the new-crop December up 0.40.By Darin Newsom DTN Senior Analyst
OUTSIDE MARKETS: China’s Zhengzhou exchange was closed for holiday. Dow Jones Industrial Average futures are 3 points lower hinting at light selling in US equities early Tuesday. Crude oil is down $0.66 at $93.93 while gold is up $0.10 at $1,467.50. The U.S. dollar index is 0.022 higher at 82.169. Grain futures are higher early Tuesday morning.
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