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

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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