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Record cotton prices not likely any time soon

March 29, 2012

Cotton producers in the U.S. and elsewhere are looking at the largest supplies of cotton since cotton was last trading for 55 cents per pound. Rabobank’s Keith Flury doesn’t believe cotton prices will collapse to those levels this spring, but farmers aren’t likely to see record prices again anytime soon. Flury discussed the cotton outlook in an interview at the Mid-South Farm and Gin Show in Memphis, Tenn.

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