COTTON
General Comments: Cotton was higher yesterday in recovery trading from the down moves of the previous week. Trends are still down on the daily and weekly charts. There are demand concerns moving forward on weak world economy ideas led by the US weakened economy and demands in world forums. Tariffs on other nations that change all the time were creating an atmosphere not conducive for new demand. USDA will issue its latest WASDE reports later today.
Chart Trends: Trends in Cotton are mixed...
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