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NCC on Lower Cotton Production Forecast

Dan Cotton

In its December report, the U.S. Department of Agriculture (USDA) made a large reduction to the 2019 cotton crop. The report noted that U.S. cotton production is forecast at 20.2 million 480-pound bales, down 3 percent from the previous forecast. Most of the more than 600,000 bale reduction was in the Texas crop. But, National Cotton Council (NCC) Vice President of Economics and Policy …