Smallest U.S. cotton crop in 13 years due to drought
U.S. cotton growers will harvest a drought-shrunken crop of 12.57 million bales, their smallest since 2009, according to the USDA’s monthly Crop Production report. Texas, the No. 1 producer, would account for nearly all of the nearly 5-million-bale decline in production from last year. The USDA also forecast a corn crop of 14.4 billion bushels,… » Read More
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