Cotton hits over three-week low on bulk crop fears

ICE cotton fell to a more than three-week low on Monday on expectations of higher production in the United States and as the dollar strengthened. Cotton contracts for December settled down 0.5 cent, or 0.73 percent, at 67.75 cents per lb. They traded in a range of 67.57 and 68.54 cents a lb. Prices hit their lowest since July 21 at 67.57 cents.Read More