Cotton: the commodity to watch in 2008

From the Deep South to the Chinese futures market, events are conspiring to make cotton the likely commodity success story of 2008.

Already a month into the new year, traders begin trying to figure out what trades will be the big winners in the as 2008 rolls on. Now, it's not exactly breaking news that agriculture markets have basically been on fire for the last couple of years. Corn has skyrocketed on the back of huge ethanol demand, and soybeans, for that matter, have too.

A significant side-effect of the biofuels boom

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