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Rice ending stocks tighten as cotton moves higher

The USDA’s domestic rice ending stocks guess is down on the month, while the cotton carryout estimate is up. U.S. rice ending stocks are seen at 44.5 million hundredweight, 2.5 million below March on cuts to imports and domestic use, which canceled out a... Read More.

U.S. cotton prices feel impacts of trade war

The vice president of economics and policy analysis at the National Cotton Council says cotton prices are responding lower to trade retaliation from China. “In just the last few days, cotton prices have dropped from about 68 cents to 63 cents on the May... Read More.

Expectations set for fewer U.S. cotton acres

An economist with the National Cotton Council says fewer cotton acres are expected across the United States this year. “A recent economic report shows U.S. growers intend to plant 9.6 million acres, which is 14.5 percent lower than last year. We’re seeing the effects... Read More.

Cotton farmer optimistic USDA payments will resume

A cotton farmer from Texas says she’s expecting the USDA to honor contracts for farmers participating in the Environmental Quality Incentives Program. Alisha Schwertner told the House Ag Committee in a hearing on Tuesday “We have $100,000 of outstanding funds with projects, but we’ve... Read More.

U.S. cotton, rice ending stocks projections rise

The USDA increased its domestic cotton and rice ending stocks estimates. U.S. rice stocks are now pegged at 47 million hundredweight, up 3.5 million from January on higher imports and lower exports, which canceled out a gain in the domestic and residual use guess.... Read More.