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Cotton #2 Futures PricesTuesday, May 22nd, 2012Current Prices | End-of-Day Prices | Options Quotes | Spread Quotes | Profile
Cotton futures are trading the 300 limit lower this morning in what appears to be liquidation selling. The weak global economic picture is keeping the pressure on as is the stronger dollar. The Cotlook A Index was 86.00 down 0.40. Cert Stocks as of May 21st are 152,106, unchanged from the previous day with no new certs and no bales awaiting review. After the close, USDA showed that 62% of the US cotton crop has now been planted, vs. the 53% average pace. Jul 12 Cotton is at 74.52, down 300 points,
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