Tuesday, October 19, 2010

Cotton Prices Soar - highest in 140 years

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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