Cotton Falling as USDA Confirms Drop to Acres
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Cotton prices are weaker at Monday’s midday, with USDA confirming lower cotton acreage. Futures are down 46 to 62 points on some sell the fact reaction. Crude oil futures are up $2.18/barrel, as the US dollar index is $0.261 higher so far on the day. USDA’s Prospective Planting report tallied…
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