ACA Logo

November 10 USDA Cotton Ginnings Report

On Tuesday, November 10, USDA released an updated Cotton Ginnings Report. According to the report, USDA estimates that total ginnings as of November 1 were 3.99 million running bales, roughly 36.2% lower than on the comparable date in the 2019-20 marketing year. Upland ginnings were 3.95 million running bales, down from 6.18 million running bales the previous year, while ELS ginnings were 28,100 bales lower than the previous year at 40,750 running bales. Total cotton ginnings in the Mid-South were 1.48 million bales as of November 1, a decrease of approximately 489,100 bales when compared to last year.

More below:

https://release.nass.usda.gov/reports/ctgn4620.pdf

NCC Cotton Weekly Economic Review