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Cotton

Global Cotton Stocks Hit Four-Year Low: USDA Report

The U.S. Department of Agriculture’s (USDA) September World Agricultural Supply and Demand Estimates (WASDE) report projects a more balanced yet tightening global cotton outlook for the 2025/26 season. While production and consumption are expected to rise, reduced opening stocks have pushed global inventories to their lowest level in four years. U.S. Outlook: Production