Cotton futures are 2 to 26 points higher this morning. They were mostly lower on Friday, with Oct the exception. That contract still saw a loss of 7.22% for the week. CFTC data shows spec traders with a net long position of 70,284 contracts in cotton futures and options contracts as of Tuesday. That is an increase of 14,104 contracts from the previous week and just in time to be hammered by the post-report sell off. The Cotton AWP was updated to 63.27 cents/lb, down 86 points from the previous week. The Cotlook A index for September 14 was unchanged from the previous day at 79.1 cents/lb.

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