Cotton Futures Trading Higher

March New York Cotton is trading at 71.54, up 0.53 cents/lb. May New York Cotton is trading at 71.92, up 0.48 cents/lb. Cotton futures are trading a little under the session highs. Market chatter about global currency values and the upcoming USDA supply and demand report is making the rounds. The USDA World Agricultural Supply and Demand Estimates Report (WASDE) is scheduled for release Friday December 9th at 12:00 p.m. ET.