Source: Forrest Laws, FARM PROGRESS, 1/21/19
Dr. Don Shurley says reports that cotton futures may be headed lower — possibly even under 70 cents per pound — could be overblown. Seventy cents has been an area of technical support for cotton market participants after Intercontinental Exchange March 2019 futures began a months-long descent from closing above 90 cents per pound last June. For more of this story, click here.
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