U.S. cotton exports leap 63 percent to second-largest ever

A rebound in cotton plantings and yields in 2016 resulted in a dramatic surge in exports in the trade year that ended Aug. 1, according to USDA’s monthly Cotton and Wool Outlook. “A large supply of high-quality cotton pushed shipments to the second-highest on record.” Exports of 14.9 million bales weighing 480 pounds each amounted… » Read More

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