Source: Elton Robinson, SOUTH EAST FARM PRESS, 9/14/11
Despite wild swings in USDA’s Sept. 12 estimate of U.S. cotton yield, when all was said and done, overall U.S. cotton production and the cotton market remain steady to higher.
“Just in the yield calculations alone, there were yield changes in 16 of 17 states,” said Mike Stevens, cotton analyst and commodity trading advisor, speaking at the Ag Market Network’s September conference call.
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