By admin       2018-09-17

Spot cotton trading was inactive. Supplies and demand were light. Average local spot prices were higher. No forward contracting or domestic mill activity was reported. Foreign mill inquiries were light. Temperatures were in the mid-to-high 100s in Arizona, which advanced the crop. Harvesting and ginning continued in Yuma. Local sources reported lots of open cotton. According to the National Agricultural Statistics Service’s Crop Progress report released September 11, bolls opening reached 74 percent, which was near the five-year average. The condition of the crop was rated mostly fair-to-good. Temperatures were mostly the 90s in New Mexico and El Paso, TX. No moisture was received in the period. Producers are hoping for a clear, open fall to finish the crop.

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