Hi monopolize, Picked up a few this week. With the volume of water falling inland and cotton prices seemingly on the up thought they were worth a go. Noticed PAG have put in a lot of cotton this year in response to the higher prices, but I think the main benefit from the rain will be next year. Had a look at your link, think he was saying they get a percentage of the price, but not always. A bit evasive. Nevertheless, higher prices mean more cotton being planted.
NAM Price at posting:
40.0¢ Sentiment: LT Buy Disclosure: Held