By admin       2018-10-15

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. Merchant offerings and foreign mill inquiries were light. Pleasant conditions ruled, with temperatures in the high 70s to low 80s. Defoliation activities advanced. A couple of gins started processing cotton this week. According to the National Agricultural Statistics Service’s Crop Progress report released October 9, the crop condition was rated 100 percent good.

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