Source: SOUTHEAST FARM PRESS, 12/18/17

The holidays are generally not known for tightening.  Wallets get lighter.  Beltlines get wider.  But the official forecasts of U.S. and world cotton ending stocks both got tighter. USDA's December revisions of 2017/18 cotton supply and demand were both generally price supportive in their direction, although the resulting levels of ending stocks remain somewhat heavy.

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