This just in, the National Cotton Council is expressing disappointment in a dicamba ruling by the Arizona Federal Court.
The court vacated the label for over-the-top use of dicamba products for the 2024 crop, this coming at the time of year when many producers have already made their major cropping decisions for the season.
NCC is urging the EPA to quickly take action to appeal the ruling, saying that it will be felt across the cotton belt as dicamba-tolerant varieties account for more than 75 percent of U.S. cotton acres.
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Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
