Cotton futures stabilize, avoid “bottoming out”
Story Date: 6/17/2014

 

Source: SOUTHEAST FARM PRESS, 6/15/14


December futures last week made a nest at the 77 to 78 cent area. This is important. The pessimistic bottom of current expectations on this crop is about 75 cents. So, we’ve been able to avoid it for now even with the latest slide that began about a month ago and really broke sharply down May 22.

For more of this story, click here.

























   Copyright © 2007 North Carolina Agribusiness Council, Inc. All Rights Reserved.
   All use of this Website is subject to our
Terms of Use Agreement and our Privacy Policy.