Cotton market: “Fish or cut bait” decision
Story Date: 5/5/2015

 

Source: SOUTHEAST FARM PRESS, 5/4/15

Since the first of the year, we’ve seen 3 “bottoms” in the cotton market. Each has been at a progressively higher price. That’s an encouraging sign. Each recovery, at least to date, has still been unable to break through the ceiling at 66 to 67 cents. July is currently testing this ceiling for the third time.

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