International Cotton Market Report as on 7th August 2018

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As a result of extreme and exceptional drought across large portions of the western Cotton Belt, USDA’s August 6 Crop Progress report revealed that only 40 percent of the cotton crop was in good-to-excellent condition, down from 57 percent in good-to-excellent condition the prior year and down from the five-year average of 51 percent good-to-excellent.

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