Cotton futures traded slightly higher Tuesday amid perhaps some end-of-month positioning in this holiday-shortened trading week.
Most-active March hovered up 20 points to 59.01 cents at 7:54 a.m. CST, trading within a tight 57-point range from 58.71 to 59.28 cents on a contract volume of 2,189 lots. Maturing December eked up nine points to 59.25 cents. Still no delivery notices have been issued.
The market will be closed Thursday in observance of Thanksgiving and will trade an abbreviated session on Friday.
In the news, growth in the third quarter was stronger than previously estimated, showing the U.S. economy sits on ...