COTTON
General Comments: Cotton was higher yesterday in recovery trading. USDA showed that condition is still well behind year ago levels, with some areas showing improvement and other areas showing deterioration with the crop in thew squaring phase. Forecasts and reports of scattered showers in Cotton areas continue for Texas, the Delts, and the Southeast. Temperatures will be variable to warm. Trends are down on the daily and weekly charts.
Overnight News: ICE said that 16 contracts were poste...
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