Cotton Futures Close Near Flat; USDA Stocks Report Drives Session

Cotton futures ended near unchanged on February 9, 2026, with March contracts closing at 61.59, down 2; May at 63.78, up 2; and July at 65.48, up 3. Crude oil futures fell $0.16 to $64.20, while the US dollar index rose to 96.730. USDA’s February 9 WASDE report cut exports by 200,000 bales to 4.4 million, raised ending stocks by 200,000 bales, and increased world ending stocks by 630,000 to 75.11 million. Sales totaled 10,196 bales at 58.01 cents/lb; the Cotlook A Index was 72.55 cents, down 25 points from Monday; ICE certified stocks rose to 95,158 bales, and the Adjusted World Price was 49.78 cents/lb, down 42 points from Thursday.