| From Bloomberg: Cotton fell by the exchange limit in New York to the lowest price since August 2007 on the dollar's jump and concern that the economy may sag after the U.S. House of Representatives rejected a financial-bailout plan.
The U.S. Dollar Index rose the most in two weeks after the House rejected the $700 billion proposal that Treasury Secretary Henry Paulson and lawmakers hammered out this weekend to rescue the financial industry from toxic mortgage securities. Cotton futures for December delivery declined by the limit of 3 cents, or 5 percent, to 57.38 cents a pound on ICE Futures U.S. in New York, the lowest for a most-active contract since Aug. 28, 2007. .... Full Article: Source
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