Cotton slumped to the lowest in more than three months on concern that demand may weaken as rising global interest rates slow growth. Orange juice also dropped.
Cotton futures rose on mounting signs of a global shortfall. Orange-juice prices gained.
Cotton futures fell for the third straight day as the dollar strengthened, lowering the investment appeal of some raw materials. Orange juice rose.
Cotton futures rose, closing at the highest price since 1995, on concern that supplies will fall short amid rising demand from Asia. Orange-juice fell for the first time in a week.
"The export numbers were a little disappointing."
- Tom Reardon on Oct 07, 2011