A review of some of the top cotton industry stories impacting the global market.
According to the July 13 USDA Crop Progress report, the 2014 cotton crop is fruiting quickly and is now right in line with the five-year averages for this date.
With December futures, a drop to 65 cents is all but certain. But this week’s export sales report indicates a major sales increase in the face of declining prices. And, the sales report for next week should be just as strong.