Cotton moves up.

N.Y. Cotton is trading higher early Tuesday morning. Last in May Cotton is 63.08 up.35. Trading is expected to be choppy on Tuesday . Chatter that farmers are hedging some current inventory at these levels is making its way around. Traders are expecting planted acreage in the US is likely to fall by nearly 14.6% in 2015 Overseas famers in Pakistan are also expected to cut cotton acreage due to the price decline as a result of record world supplies.