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July 21, 2020
By Keith Brown, DTN Contributing Cotton Analyst
Then on Thursday, the market will see the weekly export sales
report. Given the relationship between China and the U.S. is
unraveling, the market lives in fear of seeing significant
cancellations. The official end of the 2019/2020 marketing season is
July 31. Thus, either those cancellations happen, or those
purchases will be rolled into the 2020/2021 season. Interestingly,
only about 45% of all old-crop sales have actually culminated with
delivery.