Cotton Futures Sharply Lower

December Cotton is trading at 67.05, down 1.81 cents/lb. March Cotton is trading at 67.67, down 1.74 cents/lb. Cotton futures are trading sharply lower after a steady trade early in the day. Market chatter about U.S. weather and less than stellar global economic growth is constant. In other New York Soft commodities; December Cocoa is trading at 3045, up 30 $/MT. December Coffee is trading at 140.05, down 0.50 cents/lb. October Sugar is trading at 20.26, up 0.28 cents/lb. November Orange Juice is trading at 180.25, down 2.30 cents/lb.