According to USDA’s Crop Progress report for the week ending Oct. 23, 45% of the U.S. cotton crop has now been harvested – up 8 percentage points in the past seven days and 6 percentage points ahead of the 5-year average for this date.
On a state-by-state basis, it’s more impressive. All 15 cotton- producing states are now at or well ahead of their respective harvest averages, with most state perce…