Source: Don Shurley, UGA cotton economist, SOUTHEAST FARM PRESS, 12/2/13
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With this cotton price “recovery”, it’s hopeful that the recent downturn is over and a new floor of support is now in place.
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China’s still buying cotton even as it stars to sell off its cotton
stockpile. But market prices seem to have rebounded for now, shooting
for the 77 cents to 82 cents per pound range.
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