Traders Start Bottom Picking in Cotton

Traders start bottom picking in Cotton: The Cotton market has been a poor performer here in 2006, languishing near contract lows for the past month. Yesterday's USDA crop production report did little to alter the already bearish fundamentals. The USDA estimates the 2006-07 US Cotton crop at 21.3 million 480-pound bales, an increase of 3% from last months estimates. Read More....