Cotton Extends Decline on Rain in Texas, More Showers in Southeastern U.S.

(Bloomberg) -- Cotton in New York fell for a second
session as dry weather in Texas, the biggest U.S. producer, and
rain in the southeastern U.S. improve crop development.

West Texas will have dry weather late this week and next
week, said CropCast Services Inc. in Rockville, Maryland. Some of
the region had received as much as twice the normal amount of
rain this year, the National Weather Service said. Moisture is
improving in Arkansas, Missouri, Mississippi and Tennessee after
dry weather threatened the crop, said CropCast's Don Keeney.


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