This week’s Cotton Newsline is 3 cuts. All cuts are Dr. Gary Adams, Vice-President of Economics and Policy Analysis for the National Cotton Council.
Suggested introduction cut 1:
USDA published the June cotton acreage report this morning. According to Dr. Gary Adams, Vice-President of Economics and Policy Analysis for the National Cotton Council, this is the lowest it’s been since 1989.
Suggested introduction cut 2:
Adams says the most noticeable change is the Mid-South and Southwest.
Suggested introduction cut 3:
Crop shifts and weather are some of the major factors for the decline in acreage according to Adams.