Cotton futures prices the latest market data shows cotton

The latest market data shows cotton futures prices hovering around 82.10 cents, with momentum indicators suggesting a possible breakout if U.S. export sales accelerate. Technical analysts point to the 83-cent resistance level as critical for short-term price movements. Cooperative weather conditions, which led to ample supplies during the 2025 crop year, continued to push soybean, corn, and wheat prices lower. The tone of the September WASDE report remained mostly bullish on supplies and bearish on grain and oilseed prices. Last week’s USDA monthly supply and demand report showed few changes in the domestic or world balance sheets from the March report. The agency did lower its U.S. export forecast by 100,000 bales, to 10.9 million, which puts the ending stocks forecast at 5 million bales. That’s the highest since 2019-20 and shows disappointing export demand that pushed U.S. prospective plantings to the lowest mark in a decade. Cotton futures prices saw a mild rebound today, trading near 81.45 cents per pound on ICE, supported by moderate buying from textile mills and short-covering. Analysts note that global cotton stocks are tightening, and traders are eyeing USDA’s upcoming supply-demand report for potential bullish signals.