1711 EST [Dow Jones]-Cotton succumbs to the broadbased selloff in
commodities, sparked by a weakening euro. In addition, India, the world's No. 2
cotton producer and exporter, raised its output estimate for this crop year to
an all-time high of 32.9 million bales. This raises the likelihood that India's
government may allow exports beyond the current 5.5-million-bale quota. March
cotton ended 2.7%, or 3.98 cents, lower at $1.4122 a pound.