Cotton's having a Wednesday bounce 🚀 Contracts up 10-29 points across the board, with Dec closing up 21 points yesterday and climbing another 29 this morning. Crude's also back in the game at $60.67, up 76 cents.

Here's the thing though—US cotton harvest is sitting at 71% as of mid-November, still lagging the historical 72% average pace. Meanwhile, certified ICE stocks just ticked up 1,100 bales to 20,344. The Cotlook A Index? Down 30 points to 74.40 cents. So we've got a recovery vibe, but the fundamentals are still a mixed bag. The Adjusted World Price holding steady at 51.83 cents through Thursday. Could be a setup for volatility if harvest numbers don't catch up.