USDA’s June 2023 WASDE report shows higher export projections for the U.S. and the rest of the world, higher production numbers and lower ending stocks for the U.S., and increased global consumption.
The Ag Market Network’s monthly Cotton Market Roundtable is set for Friday, June 9, at 1:30 pm CDT.
Cotton prices over the past two weeks have not been disappointing. But a squeeze on the July contract is likely coming.