Cotton Prices Continued to Decline, Reaching an 11-Month Low During the Week

• Stock Market Was Higher Most of the Week

• U.S. Production was Raised 270,000 Bales to 13.09 million Bales on November WASDE Report

• Strong Export Sales were Reported but Shipments Continue to Disappoint

• As of November 5, 57% of the 2023/24 Crop Has Been Harvested Across the Cotton Belt

Cotton prices continued last week’s descent, and even settled at an 11-month low at one point during the week. …