Cotton futures fell below $0.87 per pound, easing from a more than two-year high as traders took profits following the recent rally driven by concerns over tighter supply. The latest USDA crop progress report showed 39% of US cotton crops rated good or excellent, improving from 37% the previous week, easing some supply concerns. Additionally, export sales declined for the second week. In Brazil, intense heat and severe drought accelerated harvesting, with 88.7% of the crop harvested. However, weather risks remain significant. The El Niño phenomenon is expected to persist through February 2027, potentially affecting crops across key producing regions. In India, below-average monsoon rainfall remains a concern after August precipitation came in 16% below normal, particularly given that nearly half of the country’s farmland lacks irrigation. Meanwhile, heavy rainfall in West Texas linked to Cyclone Eduardo is threatening yields, adding to uncertainty over the global cotton supply outlook.
Cotton fell to 86.33 USd/Lbs on September 4, 2026, down 0.14% from the previous day. Over the past month, Cotton's price has risen 3.99%, and is up 33.98% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Cotton reached an all time high of 227.00 in March of 2011. Cotton - data, forecasts, historical chart - was last updated on September 6 of 2026.
Cotton fell to 86.33 USd/Lbs on September 4, 2026, down 0.14% from the previous day. Over the past month, Cotton's price has risen 3.99%, and is up 33.98% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Cotton is expected to trade at 86.74 USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 92.39 in 12 months time.