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October 19, 2011
5 Slides
Last year, U.S. cotton futures catapulted to over a dollar a pound, a level not seen since 1995, and only the second time since the Civil War that the ‘dollar cotton’ target was reached. During the 2010-2011 marketing year, Upland cotton breached the $2 per pound mark while Pima briefly broke the $3 per pound barrier.
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