By admin       2018-08-27

Too, the market seemed to react positively to this week’s U.S.-China trade negotiations in D.C., but these meetings ultimately concluded with little, if any, discernible accomplishments. Weather-wise, the U.S. cotton belt had a relatively uneventful week. There were scattered showers in the High Plains and locally heavy rains in the north Delta, but nothing we can point to yet as a major impact on regional crop condition or expected yield. There is talk of boll rot in some locations, and that is worth noting, but it is too early to consider that a major factor in yield outside isolated pockets. Drought in Australia and a variety of problems in India continue to merit attention, but those factors are priced into the market at current levels

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