# Which Narrative Will Win in Cotton Market Discussion? -

> USDA projects a 17.5 million bale US cotton crop, while a significant High Plains drought has caused heavy abandonment, with losses estimated at 75% of the dryland crop. Crops elsewhere in the US and abroad are in good shape, and Brazil and India demand is falling due to COVID-19 stay-at-home orders.

- Date: 2020-07-31 · published 2020-07-31T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/52223-which-narrative-will-win-in-cotton-market-discussion
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Drought losses in the High Plains are bullish, but ample world stocks and weaker demand keep the overall cotton picture balanced to bearish, limiting upside for cottonseed meal.

## Read by commodity

- CSM: neutral

## Sources

- allagnews.com: https://www.allagnews.com/which-narrative-will-win-in-cotton-market-discussion/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.