DTN Closing Cotton            10/28 13:40

   Cotton Rides Higher With Grains

   The cotton market was higher today, somewhat influenced by surging Chicago 
grains. 

Keith Brown
DTN Contributing Cotton Analyst

   The cotton market was higher today, somewhat influenced by surging Chicago 
grains. Of course, all the recent strength in U.S. row crops is being 
predicated upon a trade deal with China. Traders are also awaiting the interest 
rate decision from the Federal Reserve Wednesday.

   Crude oil was off some 2% today as traders mulled what impact U.S. sanctions 
against Russia's two biggest oil companies will have on global supply. 
Additionally, India has promised to curb Russian oil imports.

   Traders are very anxious heading into this week's trade talks between Trump 
and Xi. Negotiators from both sides have supposedly hashed out a framework for 
agreements for lower U.S. tariffs on Chinese imports and Chinese concessions on 
rare earth export restrictions. However, history says that a certain element of 
drama and disappointment can result after such high-level talks.

   For Tuesday, December 2025 ended at 65.05 cents, up 49 points, while March 
2026 closed at 66.60 cents, plus 53 points. Tuesday's estimated volume was 
44,336 contracts.

   **

   Note: There is a possibility there will not be Closing Cotton Comments for 
Oct. 29. We apologize for any inconvenience.

   Keith Brown can be reached at commodityconsults@gmail.com




(c) Copyright 2025 DTN, LLC. All rights reserved.