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December New York Cotton is trading at 73.50, down 0.10 cents/lb.
March New York Cotton is trading at 72.12, down 0.17 cents/lb.
Cotton futures are trading rangebound.
The weekly U.S. cotton crop harvest report showed 67 percent of the U.S. cotton crop was harvested versus 61 percent a week ago and 68 percent a year ago. The ten year average at this time of year is 76 percent.
Chatter about traders adjusting positions ahead of the U.S. Thanksgiving Day holiday is showing up.
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