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USDA’s October 2023 WASDE report for cotton lowers estimates for U.S. cotton production, exports, and ending stocks, slightly increases world production, and lowers world stocks due to revised accounting for Brazil’s crop.
Lower is the key word for USDA’s September 2023 WASDE report for cotton, with decreased production, trade, consumption, and stocks projected for the U.S. and global market.
The USDA Crop Progress report for the week ending Sept. 10 includes the first harvest report for the year.