DTN Closing Cotton Commentary
Old-Crop Cotton Jumps As May Inverts
By
Duane Howell
,
DTN Contributing Cotton Analyst
Unpriced on-call mill position in May totaled 10,175 lots. U.S. upland growers have contracted only about 1% of their expected acres. Excessive wet conditions curbed Rio Grande Valley planting. Upland cotton under loan fell 130,359 bales.
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