Cotton
While cotton prices rallied recently, more competitive crops may win out this year. And this could create a 30-year low in cotton production.
Breeders promise that new varieties will be better suited to hot weather
Most of this reduction in stocks is expected to take place outside of China.
U.S. cotton supply and demand estimates include slight revisions, resulting in an increase of 300,000 bales in forecast ending stocks.
Strong warming to raise soil temps across the Corn Belt.
State corn and soybean weather and condition report highlights.
Many areas of the Corn Belt are in need of rain to improve soil moisture reserves.
Says bottom line is what’s important -- beef is safe.
Lowers crop estimate by 2 million metric tons.