April 12, 2017
Cotton has been correcting to the downside since coming within a whisper of 80 cents per pound in early March. In my latest article for Seeking Alpha, I look at the technical position in the cotton futures market and the April WASDE report from the USDA and explain why I continue to expect the price to move to a new high above 80 cents and why a spike to the 80-90 cent range is possible over the coming months.
Article: Cotton May Have Found A Floor
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