The Ag Market Network’s October Cotton Market Roundtable is set for Wednesday, Oct. 12 at 1:30 pm CST.
There have been crashes or near crashes in the equity markets before. But Dr. O.A. Cleveland says this one will be long remembered as cotton gave in to more bearish pressure than any other commodity contract he can recall.
After trading over a dollar for nearly eight months, cotton prices have taken a late season trek into the 90s, largely due to worries and concerns about demand and the economy.