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Higher Cotton Prices Could Curtail Crop Growth Next Season, ICAC Report Warns

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High cotton prices–averaging 84.63 cents per pound so far this season–are expected to impact planting decisions and area expansion for the 2018-19 season, the International Cotton Advisory Committee (ICAC) said in a new report. U.S. spot cotton prices averaged 80.07 cents per pound for the week ended April 26, which was up from 79.22 cents…

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