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