The latest crop production report released this week by the U.S. Department of Agriculture shows cotton production slightly down from last month and 25 percent lower than last year. Yield is expected to average 806 pounds per acre, down 81 pounds from last year. The U.S. orange forecast for the 2013-14 season is 7.78 million tons, down 2 percent from the previous forecast and down 7 percent from the 2012-13 final production. Review the crop report.
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