USDA Lowers U.S. Ending Cotton Stock Forecast to 3.7M Bales

According to the U.S. Department of Agriculture, the projected U.S. ending cotton stock is now 3.7 million bales, down from its prior estimate of 3.9 million bales. The latest forecast falls below analyst expectations of 4.12 million bales, indicating tighter supply conditions than previously anticipated by market participants.
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