Federal prosecutors will fight a judge’s decision to let a defense lawyer see secret foreign intelligence papers that may have led to evidence against his client, the first such ruling in a U.S. terrorism case.
Cotton prices are headed for a bear- market drop of more than 20 percent this year after failing to close above their 50-day moving average at the end of last week, said Sharon Johnson at First Capitol Group LLC.
An unprecedented decision to let the lawyer for a man facing terrorism charges see a secret U.S. intelligence court filing was reversed as an appeals panel ruled the disclosure was unnecessary to set up a fair trial.
Cotton fell for the first time in five sessions on speculation that crop conditions are improving in the U.S., the world’s top exporter, and that a stronger dollar will limit demand. Orange-juice futures also declined.