Cotton Bulls Head into the Weekend with Their Tails Tucked

Cotton futures fell 79 to 103 points across front-month contracts on Friday, leaving December down 491 points for the week. Crude oil declined $2.38 per barrel, while the U.S. dollar index slipped 0.040; CFTC data indicated managed-money traders were trimming positions. The price action signals near-term pressure in cotton futures, though the reported move is unlikely to have broad market implications.