Softs Commentary: Cotton

John WalshGeneral Commentary, Softs

Commentary: COTTON The cotton market has broken much of late. The fundamental picture had legs prior to the corona. The market today may have found support below the 49 cent level basis May.  The USDA acreage could prove overstated. In addition China coming back on line may be a positive. New retail and clothing sales may be a bit off. However, …