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The National Cotton Council projects 2021 U.S. cotton acreage at 11.5 million acres, 5.2 percent below 2020, and a crop of 16.7 million bales. It also projects U.S. cottonseed production rising to 5.2 million tons in 2021.
Lower cotton acreage and a larger projected cottonseed crop could modestly increase cottonseed and cottonseed meal supply for feed use later in the year.
cottonfarming.comVicky BoydMar 1, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
