Cotton Climbs to Highest Since 2024 on Tight Supply Outlook
A cotton harvest at a farm in Bronwood, Georgia.
Photographer: Dustin Chambers/BloombergCotton futures in New York surged to the highest since December 2024 as traders weigh a preliminary government US planting report against an outlook for tighter global supplies this year.
The most-active contract rose as much as 1.4%, to 71.93 cents per pound.