The USDA raised its production estimate for rice, while cutting the outlook for cotton.

Rice production is currently seen at 224.952 million hundredweight, 3% above August and 22% larger than 2019, with an average yield of 7,529 pounds per acre, compared to 7,600 last month, with harvested area of 2.988 million acres. In 2019. rice totaled 184.675 million hundredweight with an average yield of 7,471 pounds per acre and harvested area of 2.472 million acres.

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