BC-Cotton Bale

3/2/2015 1:00 PM
By Associated Press

NEW YORK (AP) — Cotton futures No. 2 closed 50 cents a bale lower to $1.15 higher Monday.

The average price for strict low middling 1 & 1-16 inch spot cotton declined 5 cents to 62.86 cents per pound Monday for the seven markets, according to the Market News Branch, Memphis USDA.

Do farmers have the tools they need to cut costs in the face of low crop prices?

  • Yes
  • No
  • Unsure

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3/3/2015 | Last Updated: 11:45 PM