The USDA Crop Progress report dated June 20 showed that planting for this year’s U.S. cotton crop is essentially finished. The report showed that 96% of the U.S. crop is now planted – up 6% from a week ago and 1% above the 5-year average for mid-June. Squaring is now reported in 21% of the crop –…
ICE cotton futures rose to their highest in nearly a week on Tuesday, propelled by fears of damage to the natural fiber crop in the delta region due to heavy rains. * Cotton contracts for December rose 0.70 cent, or 0.8%, at 85.89 cents per lb, by 1:07 p.m. EDT (1707 GMT). Prices earlier rose…
LONDON – The first-ever analysis of the threat of climate change to global cotton production reveals that half of all cotton-growing regions could be exposed to high risks by 2040. The study was commissioned by the Cotton 2040 initiative and carried out by its partner, climate-risk consultancy Acclimatise, which is part of Willis Tower Watson’s Climate…