COTTON
General Comments: Cotton was higher on speculative buying as the war with Iran continues that could curb export demand for US Cotton as much of the demand comes from the Middle East. Overseas production in places like India and Brazil are expected to be high, but overall world production is expected by USDA to fall on reduced global planted rea and reduced yields. USDA made no changes in the monthy domestic WASDE reports but increased ending stocks estimates in the world data. Trends are...
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