Cotton Futures Little Changed

December New York Cotton is trading at 69.68, down 0.08 cents/lb. March New York Cotton is trading at 70.20, down 0.08 cents/lb. Cotton futures are trading steady. Chatter about global economic growth and cotton demand is making the rounds. The USDA reported on Thursday that cotton export sales for the current marketing year as of October 20th are now 52.8 percent of the USDA forecast versus the five year average of 50.2 percent.
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