By admin       2018-10-01

Spot cotton trading was inactive. Supplies and demand were light. Average local spot prices were steady. No forward contracting or domestic mill activity was reported. Merchant offerings were moderate. Foreign mill inquiries remained light. Interest in new-crop slowed as mills moved to the sidelines as China/US trade war continued. A total of 274,700 bales were committed to export sales for week ending September 20, compared to 291,400 the previous year, according to the Foreign Agricultural Service. Mild temperatures in the 80s to low 100s were prevalent in the region. Harvesting gained momentum in Yuma, AZ. No ginning was reported. The Far West crop made good progress as the growing season approached completion. Extension experts advised producers to monitor the crop for late season pests such as aphid and whitefly. Initial defoliation began in the San Joaquin Valley of California.

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