U.S. cotton production edges upward, market price falls
The drought-hit U.S. cotton crop is slightly larger than previously thought, at 14 million bales, but exports are stagnant for this marketing year, said the USDA on Thursday. The monthly WASDE report said cotton production was down worldwide, due to flooding in Pakistan and excessive rainfall in Australia and West Africa. This year’s U.S. cotton… » Read More
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