TraderPlanet Market News Futures

Cotton Futures Little Higher

December New York Cotton is trading at 68.05, up 0.32 cents/lb. March New York Cotton is trading at 68.56, up 0.21 cents/lb. Cotton futures are trading steady after Thursday's decline. Market chatter about global economic growth is making the rounds. The USDA reported on Thursday that cotton export sales for the current marketing year as of September 22nd are now 47 percent of the agency forecast versus the five year average of 46 percent.