DTN Closing Cotton            10/24 13:35

   Cotton Has a Numbing Week

   For the week, December cotton was off a mere 8 points, as traders were 
blunted by the government shutdown, the ongoing 2025 harvest, and the lack of 
noticeable trade progress with China.

Keith Brown
DTN Contributing Cotton Analyst

   For the week, December cotton was off a mere 8 points, as traders were 
blunted by the government shutdown, the ongoing 2025 harvest, and the lack of 
noticeable trade progress with China.

   Domestic stock markets saw new heights today amid "cooling inflation" 
numbers. The September CPI, originally delayed because of the U.S. government 
shutdown, posted a 0.3% reading on the month, bringing the annual inflation 
rate to 3%. That's just below the 0.4% and 3.1% economists were expecting. 
Thus, the Federal Reserve can stay on its rate-cutting path, boosting the U.S. 
economy and justifying higher valuations for equities.

   U.S. Treasury Secretary Bessent will meet with Chinese Vice Premier He 
Lifeng in Malaysia this weekend to hammer out some agreements regarding U.S. 
and Chinese tariffs. Next week, President Trump will meet with Chinese 
President Xi in South Korea in hopes of sealing a major trade deal.

   The 6- to 10-day weather outlook (Oct. 29-Nov. 2) calls for above-normal 
temperatures for Texas, normal readings for the Delta, and below-normal numbers 
for the Southeast. Rain-wise, Texas looks to have below-normal chances, while 
the Delta and the Southeast will see slightly above-normal opportunities.

   For Friday, December 2025 ended at 64.20 cents, up 13 points, while March 
2026 closed at 65.71 cents, plus 4 points. Friday's estimated volume was 31,110 
contracts.

   Keith Brown can be reached at commodityconsults@gmail.com




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