Cotton Prices Moved in A Choppy Fashion to the Lower End of the Long-Term Trading Range

• FOMC Kept Interest Rates Steady After 15 Consecutive Months of Rate Hikes • U.S. Export Sales and Shipments Dismal for Week Ending June 8 • Crop Progress in Texas, Oklahoma, and Kansas with Recently Dry Weather The cotton market continued to trade in a choppy, two-sided pattern throughout the week. Last Friday’s release of the World A...