Domestic cotton yield, price outlooks shrink this season
Higher temperatures in August ironed out some worries of unusually low cotton yields in West Tennessee. But global supply and demand are keeping cotton futures below 70 cents a pound, meaning Mid-South cotton growers must carefully manage defoliation for a profitable harvest.
With excellent growing conditions and planted acreage likely leading to a record soybean harvest this year, a soil-based disease could take a bite out of yields in Illinois, particularly in the west-central part of the state.
Merger talks continue for 2 big sellers of fertilizer
Illinois-based CF Industries Holdings, Inc. confirmed last week it is discussing a possible merger with Yara International ASA in Norway – a deal that would lead to the world’s largest fertilizer supplier.