USDA reduces 2024 cotton, rice crop expectations

The USDA has lowered its expectations for 2024 U.S. cotton and rice production modestly. Upland cotton is seen at just under 14 billion bales, 4% below August due to a reduction in yield, now pegged at 794 pounds per acre, but still up 19% on the year thanks to larger acreage totals with 2024 harvested […]

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