By admin       2018-09-24

Spot cotton trading was inactive. Supplies and producer offerings were light. Demand was very light. Average local spot prices were lower. Producer interest in forward contracting was light. Trading of CCC-loan equities was inactive. Foreign inquiries were light to moderate. Intermittent rain showers delayed field progress in some locations early in the reporting period. Daytime temperature highs were in the mid-70s to mid-80s, and overnight lows were in the upper 50s to low 60s. Generally, the crop is two weeks ahead of schedule and some fields have had boll openers and defoliants applied. Some dryland fields that have short plants are expected to yield less than 2 bales per acre. Dryland fields that received rainfall are expected to produce yields above 2 bales per acre. Irrigated fields are expected to yield 3 or more bales per acre. Thunderstorms entered the region overnight on September 20 and brought additional precipitation to some locations.

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