Cleveland: Cotton Climbs Higher On Drought Concerns

By Dr. O. A. Cleveland

Cotton Grower

Cotton continues establishing new price highs again and again. That was last week’s first sentence, and it still applies. After posting a minor selloff at mid-week, prices charged higher at week’s end as both the old crop July futures contract and the new crop December contract settled the week near the weekly highs, and near the life of contract high for the December contract.

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Cottondon molino