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cotton glut

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Cotton: governments step in

Faced with falling cotton prices, governments triggered mechanisms to support their farmers. This is the case in India, which has a record production for the second consecutive year – it should even become the world’s largest producer, overtaking China …

Worst month for commodities in 2 years

The U.S. Department of Agriculture raised its estimates on global stockpiles for cotton, corn, soybeans last month, signaling a growing glut. Bigger crops are helping to keep food inflation in check, with the United Nations reporting a third monthly drop