The Farmer's Weblog

Sunday, October 6, 2002

Cotton Marketing Weekly -- O. A. Cleveland PhD
Despite the unwanted wind and water from both Isidore and Lili, cotton bulls have been left swimming upstream. Bulls had counted on the hurricanes to pull cotton prices back into the 45-50 cent trading range. However, after a quick look above 46 cents on Wednesday, Thursday[base ']s opening saw the market dip back below 44 cents. The 42 to 46 cent trading range appears to be the dominant trading level for now.
5:09:24 PM    comment []

This Page was last updated: 12/29/03; 3:37:46 PM
Copyright 2003 Russell Gum
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