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USDA’s November 2023 WASDE report for cotton shows higher production and stocks for the U.S. and global markets, offset by lower consumption numbers.
The USDA Crop Progress report for the week ending Oct. 22 shows that 41% of the U.S. crop has now been harvested.
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.