From Futures Wiki

This soft staple fiber from the bolls of the cotton plant has been cultivated since about 3000 BC in the Indus Valley - part of modern India and Pakistan - and as early as 5000 years ago in the Americas. Ancient cultures spun cotton to make fine garments and textiles. Wild, uncultivated cotton has been found in Australia, Africa, Arizona, Central America, California, Brazil, and Mexico - and through breeding and selection, wild cotton plants were developed into the processing-friendly varieties grown today.

Contract Size: 50,000 pounds

Price Quote & Tick Size: Cents and hundredths of a cent per pound; minimum fluctuation is 1/100 of a cent per pound = $5.00 per contract

Contract Months: March, May, July, October, December.

Trading Specs: Futures and options trade electronically only on the Intercontinental Exchange 0230 to 1445 ET.

Daily Price Limit: 3 cents above or below previous day's settlement price. Limit is subject to expansion in certain circumstances.