ICE cotton prices rose, aided by a weaker US dollar index and an increase in export sales as highlighted in the USDA’s weekly report.
The dollar softened after the Federal Reserve’s 25 basis point rate cut, encouraging profit-taking.
Despite recent dollar strength, strong export demand boosted corn and soybean futures, improving market sentiment.
The dollar softened after the Federal Reserve’s 25 basis point rate cut, encouraging profit-taking.
Despite recent dollar strength, strong export demand boosted corn and soybean futures, improving market sentiment.