News & Updates
Crop Progress: Big Improvement in Crop Condition for Cotton
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 –…
Cotton Futures Gain on Crop Damage Concerns from Rains
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…
Climate report spells out high risks to cotton
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…