Cotton Futures Little Changed

March New York Cotton is trading at 71.36, up 0.11 cents/lb. May New York Cotton is trading at 71.95, up 0.05 cents/lb. Cotton futures are trading rangebound. Market chatter about global economic growth is making the rounds. The USDA reported on Friday that cotton export sales as of November 17th are now 60 percent of the agency forecast versus the five year average of 63.1 percent.
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