Record Cotton Carryover Hampering Price Upturn

(Farm Press) “A year ago, I promised you a cotton market that was nothing but roses, with prices above $1, and all of a sudden you were hit with a market that nosedived to 65 cents and was struggling for its life,” O.A. Cleveland, Jr., told growers this week. “Now, it’s 30 percent below this time in 2011.”

http://southeastfarmpress.com/markets/record-cotton-carryover-hampering-price-upturn

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