Fran Howard

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Following the recent record-high cotton prices, demand for cotton has steadily decreased while output has increased.
Texas producers are abandoning irrigated fields of cotton, corn, sorghum and hay as wells run dry.
Last week’s Hurricane Irene dumped heavy rain on nearly all of the cotton in Virginia and North Carolina. But it could have been worse.
Strong demand for cotton will push the new-crop annual average price to a new record high despite anticipated record-high global cotton production.
Will the expected increase of cotton acres actually get in the ground?
However, another giant U.S. corn crop is still a very real possibility this fall.
Much larger-than-expected ending stocks of both corn and soybeans will pressure prices lower.
Stocks of the country’s two largest crops—corn and soybeans—are still historically low, but that’s about to change.
This year, USDA expects 4.9 billion bushels of corn to be used by the ethanol industry.
What will be the important changes in Friday’s World Agricultural Supply and Demand Estimates? Here’s what the experts are watching.