Risk-off mood drags the Cotton future 2.02% lower

Friday at a glance: Cotton ended Friday at $77.56 per pound following from closing Thursday at $79.16. Overall, this represents a loss of $1.6 or 2.02%.

The Cotton future's value drop coincided with the fact that Coffee lost 1.89% Friday and closed at $180.05. Sugar is down to $20.67, losing 9 cents, after ending the previous session around $20.76.

Though Cotton has been dropping, other Softs have been performing better: Cocoa added 1.86% and closed around $2,688 Friday.

The commodity has been trending lower for about 2 months. The Cotton future has fallen back around 48.89% over the past 10 months, from a notable high of $154.89.