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March WASDE: Lower U.S. Cotton Production, Consumption, Ending Stocks

Mar 22, 2021

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Video: March WASDE: Lower U.S. Cotton Production, Consumption, Ending Stocks

In the latest supply and demand report, the U.S. Department of Agriculture lowered the 2020 U.S. cotton crop by 250,000 bales to 14.7 million bales. USDA also reduced its estimate for global cotton production by almost 830,000 bales due to lower production in the U.S. and Brazil.