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Cotton Holds Steady for a Third Week

Grade Bbearish AI signal$CT
Cotton futures held near 80 cents per pound for a third week as rising supply and weaker export demand continued to pressure prices. The US harvest reached 41% by October 18, above the five-year average of 37%, while WASDE raised its global production forecast for the 2026–2027 season to 25.8 million tonnes from 25.66 million. Growing output and competition from Brazil could keep cotton prices under pressure, particularly as Brazil's projected exports of 3.4 million tonnes exceed the US forecast of 2.69 million tonnes.

Bullish strength: 20/100

  • A White House assistance program could help rural producers cover fuel costs and support harvesting.

Bearish strength: 80/100

  • Rising US supply and softer export demand are weighing on cotton prices.
  • US harvest progress reached 41%, above the five-year average of 37%.
  • WASDE raised global production forecasts to 25.8 million tonnes.
  • Brazil's projected exports of 3.4 million tonnes intensify competition with the US.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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