Cotton futures moved lower Friday, extending the previous session's losses ahead of a long holiday weekend.
Benchmark December hovered down 74 points at 65.84 cents at 8 a.m. CDT, trading within an 84-point range from the opening overnight high of 66.61 cents down to 65.77 cents on a contract volume of 2,617 lots.
The market will be closed Monday in observance of Labor Day.
On the weather front, the heaviest rains overnight in West Texas fell in the Rolling Plains where amounts ranged from about an inch to 1.84 inches at a number of West Texas Mesonet reporting sites. Much ...