By admin       2018-09-17

Spot cotton trading was inactive. Supplies of available cotton were light. Demand was light. Average local spot prices were higher. Trading of CCC-loan equities was inactive. No forward contracting was reported. A series of storm cells brought unwelcome moisture and cooler temperatures throughout the region during the week. The remnants of Tropical Storm Gordon brought heavy rain storms to parts of Arkansas; local experts report as much as 3 inches in some areas. This was followed by overcast skies and light showers from another weather system. Daytime high temperatures were in the upper 80s. Overnight lows were in the upper 50s in northern areas. According to the National Agricultural Statistics Service’s (NASS) Crop Progress report released September 11, the crop condition in Arkansas was rated 96 percent fair-to-excellent, 88 in Missouri and 96 percent in Tennessee. NASS also reported that open bolls had reached 74 percent in Arkansas, 66 in Missouri, and 68 percent in Tennessee. Local experts reported that the crop is at least two weeks ahead of last year’s pace. Defoliation and harvesting was delayed due to wet field conditions. No harvesting was reported.

Download App

# #

Member Login