AFB Cotton Close: Prices Mixed with Nearby Gains
Cotton prices closed mixed with nearby contracts posting gains and new crop contracts another minor loss. Good export demand continue to support nearby contracts, but concerns about demand next year continue to pressure prices. A small shift in China’s policy can lead to big changes in demand and price.
By Emily Unglesbee DTN Staff Reporter A grower finds patches of wilting and dead soybeans in a field planted into a dense stand of rye cover crops. Is it a residual