USDA Export Sales; Cotton Futures Higher

The USDA reported today that cotton weekly export sales for the current marketing year for the period ending November 3rd totaled 168,800 running bales. Sales were up 5 percent from the previous week and down 21 percent from the four week average December New York Cotton is trading at 69.18, up 0.89 cents/lb. March New York Cotton is trading at 69.83, up 0.97 cents/lb.