Cotton Little Changed
New York Cotton futures are trading steady to little lower Friday morning after Thursday's decline. December Cotton is trading at 62.05, down 0.21 and March Cotton is trading at 62.15, down 0.20.
Market talk about U.S. weather and global economic growth is ongoing. On Thursday the USDA reported weekly cotton export sales of 109,700 bales. Market chatter about positioning ahead of the USDA supply and demand update next week continues to keep both buyers and sellers active.
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Posted-In: cottonFutures Commodities Markets