"Worst I've Ever Seen": Cotton Prices Soar After Historic USDA Cut Amid Megadrought
Aug 16th 2022 6:55am EDT
“Worst I’ve Ever Seen”: Cotton Prices Soar After Historic USDA Cut Amid Megadrought US cotton prices continued to surge above the boom days of 2010-11 after a massive crop estimate cut by the USDA, shocking Wall Street analysts and traders, due primarily to a megadrought scorching farmland of Texas, according to Bloomberg. Futures in New York […]
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