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Cotton futures tumble 226 points as USDA cuts production by 410,000 bales

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  • Cotton futures declined across the board Friday, led by the front-month contracts.
  • USDA cut cotton production by 410,000 bales to 13.2 million bales.
  • September 1 ginnings totaled 222,700 running bales, down 34.2% year over year.
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