The operations director of Faso Coton, the third largest cotton company in the West African nation, said dry conditions at the present are proving to be an obstacle.
"At the moment there isn't enough rain to allow the producer to normally plant their cotton," Marc Leynaert told the news service on Tuesday. "It is very disturbing."
At 2:38 p.m. on Tuesday, cotton futures edged up in value 0.02 percent, a 0.0002 cent climb to $1.2201 per pound.
Faso Coton purchases the soft fiber from cotton farmers in 11 provinces in the center of the nation. The company forecast a 61 percent climb in production for this season's harvest, which would bring the total to 22,000 metric tons. Sowing cotton seeds typically occurs from June 15 to July 15, which converts to harvesting in November.
The Wall Street Journal reports cotton futures' fall was sharp, noting their increases last year have converted to 30 percent declines since November.
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