Cotton kicking off relatively flat this morning after some decent upside yesterday. Futures were up 10-15 points in the front months, which was nice to see. Crude gave us a hand with that $1.54 jump to $76.10, and the dollar pulled back $0.231 to $98.775, so that helped the setup. Nothing crazy happening but worth watching. The Seam had 6,789 bales move through on the 3rd at an average of 62.49 cents per pound. Cotlook A Index dropped 95 points to 74.95 cents, which is the kind of pressure we've been seeing. ICE stocks stayed put at 129,302 bales, so no surprise there. What caught my eye was the Adjusted World Price getting bumped up 1.79 cents to 51.84 cents per pound last week. Mar contract closed at 62.16 up 12 points and is holding steady. May kicked off lower by 8 points after closing up 12 at 64.16. Jul lost 3 points from its 15-point close at 66.1. Looks like we're in a holding pattern to see if this support sticks or if we get more selling into any rallies. Watching those outside markets pretty closely today.