The August USDA supply demand report was very bullish for cotton. Dr. O.A. Cleveland says the market is now positioned to ensure strong cotton plantings for at least 2023 and 2024.
USDA’s WASDE report for August 2022 recaps decreased cotton acreage, production, and consumption numbers for the U.S. and the global crop.
The Ag Market Network’s monthly Cotton Market Roundtable is set for Friday, Aug. 12 at 1:30 pm CST.