By admin       2018-10-01

Spot cotton trading was slow. Supplies and producer offerings were light. Demand was 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. In south Texas and the Rio Grande Valley, rainfall interrupted final harvesting activities. Most fields had been harvested, and the rainfall helped recharge the soil for next season. The Upper Coast and Coastal Bend received around 10 to 14 inches of precipitation, according to local reports. Some fields in the Upper Coast had not been harvested and suffered damage. Those fields were under assessment to determine the extent of damage. Ginning was completed at some locations. More gins will finish in the next two to three weeks. Some parts of the northern Blackland Prairies received around 3 to 14 inches of rainfall, according to local reports. Localized flooding caused unharvested fields to be muddy and soaked, stalling all fieldwork. Ginning continued uninterrupted. Around one-half of an inch of rainfall was received in Kansas. Dryland stands matured quickly and applications of defoliants and boll openers were expected to begin next week. Irrigated fields were slower to finish under damp conditions and cooler temperatures. In Oklahoma, rainfall brought 3 to 5 inches of moisture and interfered with field activities. Harvesting had begun on a limited basis on dryland acres ahead of the rain storms, but fields were soggy late into the reporting period. Producers are ready for the fields to dry so that defoliants can be applied, and harvesting can resume.

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