By admin       2018-10-01

Spot cotton trading was inactive. Supplies of available cotton were light. Demand was light. Average local spot prices were lower. Trading of CCC-loan equities was inactive. No forward contracting was reported. Daytime high temperatures were in the upper 90s. Overnight lows were in the low 70s. A series of storm fronts brought unwelcome rain to a few areas of Mississippi during the week. Up to 3 inches were reported in localized places. Outdoor activities were idled, due to wet field conditions in the affected locations. A few gins were able to continue operating. The Rayville Classing Office has begun classing operations. According to the National Agricultural Statistics Service’s (NASS) Crop Progress report released September 24, the crop condition in Louisiana was rated at 97 percent fair-to-excellent and 95 percent in Mississippi. NASS also reported that harvesting had reached 19 percent in Mississippi and 36 percent in Louisiana.

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