The weather is too hot even for cotton in many parts of the U.S., causing federal forecasters to cut their expectations for this year’s crop. The U.S. Department of Agriculture now expects just 78% of the acres planted with cotton this spring to grow anything worth harvesting, down from 86% a month ago. U.S. farmers planted about 11.3 million acres with cotton, down from 13.8 million last year. Acreage is down more than 20% in several states, including: Texas, Louisiana, Mississippi, Arkansas, and California.
Source: WSJ
