Demand Strengthens As Supply Remains In Question

By Jeff Thompson

Autauga Quality Cotton

Ag Fax

It came as no surprise that USDA reduced cotton acres for 2021 in its highly anticipated planted acre report. They now project 11.7 million acres will be planted to cotton. As predicted, this did not meet market expectations causing grain prices to surge at the expense of cotton which lost nearly three cents on the day of the report.

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