Cotton price has dropped 10 cents in the last two weeks and 15 cents over the last month, primarily due to concerns over demand and U.S. exports.
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.
Twelve members, 12 alternate members, and two advisors have been appointed by USDA to serve on The Cotton Board.