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The Growth Rate Of American Cotton Is Poor, And The Excellent And Good Rate Is Lower Than That Of The Same Period Last Year.
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The US Department of agriculture (USDA) reported in its weekly crop growth report that as of June 14, 2020, the US cotton growth rate was 43%, unchanged from the previous week, which is less than 49% of the same period last year. The cotton bud rate was 16% in the United States, which was 1 percentage points lower than that in the same period last year, which is the same as the average in the past five years. The market expects the core cotton region, which is worse than previously expected, but the weather forecast is not showing any signs of rain.
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The United States Department of agriculture usually reports the progress of planting, growing and harvesting of major crops such as soybeans, corn, wheat and cotton during the crop growth from the beginning of April to the end of 11 every year. The progress of cotton planting is generally announced from the beginning of April to the middle of June, and the harvest progress is announced from mid September to the end of 11.
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