It was the highest level for cotton since cash prices paid to farmers during the Civil War when blockades prevented shipments from leaving the South, said Sharon Johnson, a senior cotton analyst at Penson/FCG.
http://www.businessweek.com/ap/financialnews/D9ISBR2G0.htm
U.S. cotton futures jumped last Friday (10/15/10) to their highest
level since the U.S. Civil War in the 19th century, then fell
in late trade to end the session down the daily limit.
http://www.reuters.com/article/idUSTOE69H01U20101018
http://www.kbtx.com/local/headlines/Price_of_Cotton_Hits_Its_Highest_Mark_in_140_Years_105216249.html
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