This week’s Cotton Newsline is 3 cuts. All cuts are Dr. Gary Adams, Vice-President of Economics and Policy Analysis.
Suggested introduction cut 1:
In the most recent Crop Progress report, USDA reports ninety-three percent of the US cotton crop was planted as of June 4. According to Dr. Gary Adams, Vice-President of Economics and Policy Analysis for the National Cotton Council, that is actually a little above the five year average.
Suggested introduction cut 2:
Throughout the growing season, USDA tracks the conditions of the crop by reporting percentages by state that are classified as Very Poor, Poor, Fair, Good and Excellent. Adams says in the latest report, about five percent of the total US crop rated in the very poor category and sixteen percent in the poor category.
Suggested introduction cut 3:
But on the other end of the scale Adams says seven percent of the crop rated excellent and thirty-six percent was rated in the good category.