Reported on September 8th, 2011 by the Wall Street Journal, “Cotton futures jumped to their highest point in nearly two months as storm damage to southern U.S. cotton fields added a new layer of worry over the size and quality of this year’s domestic crop. Cotton for December on Intercontinental Exchange delivery rose 3.8% to $1.1034 a pound, the highest settlement price since July 8.”
Read More on the Wall Street Journal website atCotton Futures Soar on Irene Storm Damage to U.S. Crop.
Learn more about cotton futures and prices at the Cotton Prices website.